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.

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