KP Group Crosses One Gigawatt Energised IPP Capacity Milestone

28 Mar 2026 CW Team

KP Group has crossed one gigawatt (GW) of energised independent power producer (IPP) capacity, from a total IPP portfolio of two point three gigawatts (GW).

The milestone follows a rise from 58 megawatts (MW) of energised capacity in FY21 to approximately 18 times that level over five years. This scale up reflects a strategic focus on building a high quality, owned IPP portfolio supported by disciplined execution.

Momentum in FY26 has been particularly strong, with substantial capacity additions and multiple projects commissioned ahead of schedule. The group is progressing ahead of plan towards a broader objective of scaling its power generation portfolio as a core value driver. Operational discipline and project delivery have been cited as key contributors to recent performance.

Financial closure has been secured across the active IPP pipeline, backed by leading institutional lenders, which indicates strong investor confidence and the bankability of the IPP focused business model. The current growth trajectory, underpinned by a robust pipeline, positions the group to meet or potentially exceed its target of 10 GW by 2030 across IPP and captive power producer (CPP) portfolios. Stakeholders are expected to benefit from the enhanced scale and long term value creation.

Established in 1994 by Dr. Faruk G. Patel, the group has developed expertise in renewable energy, infrastructure and innovation over three decades. It has advanced projects in wind, solar, hybrid energy, Battery Energy Storage System (BESS) and green hydrogen to support India’s green energy mission. The founding promoter described the milestone as a defining moment and affirmed continued commitment to accelerating growth and creating long term value for stakeholders. The company also emphasises strong governance, risk management and stakeholder engagement as part of its execution framework to sustain project performance and foster long term partnerships across the sector.

Real Estate

17 Apr 2026

Sarovar Hotels Taps Branded Residences And Targets Over 400 Hotels

Sarovar Hotels and Resorts (Sarovar) plans to tap branded residences as part of a strategic expansion that aims to take its portfolio to over 400 hotels in five years. The company intends to leverage brand licensing and management contracts to accelerate growth while maintaining an asset light approach. The move is positioned as an extension of its hospitality offerings into residential developments linked to its hotel brands. It will seek partnerships with property developers to co-create projects that align with its service standards and operational model. The company views branded residence..

Hyatt Eyes Aggressive India Expansion Through Acquisitions

Hyatt is pursuing an aggressive expansion strategy in India centred on acquisitions and strategic partnerships as it seeks to deepen its presence across the country. The group is reported to be evaluating a range of assets from established hotels to development sites in major and emerging markets. The plan is aimed at accelerating room growth and capturing rising demand across domestic and inbound travel segments. The company is said to favour a mix of asset acquisitions and management agreements to maintain flexibility while scaling. It is focusing on both gateway cities and secondary leisure..

Greater Noida West Housing Project To Be Revived

Local authorities have approved a plan to revive a stalled housing project in Greater Noida West, officials said, after prolonged delays left many homebuyers waiting for possession. The decision follows reviews of construction progress, financial viability and regulatory compliance, and the restart is to be overseen by a dedicated monitoring team. The revival plan aims to address unfinished work and restore contractor activity while ensuring that construction standards are met. Homebuyers are to be kept informed of timelines and milestones. The developer has been required to submit a revised p..