KP Green Engineering Limited has officially announced through a press release under Regulation 30 that KP Group has achieved a landmark milestone by surpassing 1 GW of energised Independent Power Producer (IPP) capacity from its total IPP portfolio of 2.3 GW. This achievement marks a pivotal moment in the company's long-term growth strategy centered around IPP development.

Exceptional Growth Trajectory

The company's growth story has been remarkable, demonstrating substantial scale-up capabilities over recent years. Since FY21, when the Group operated with an energised capacity of just 58 MW, it has achieved approximately 18x growth over five years.

This scale-up reflects KP Group's strategic focus on building a high-quality, owned IPP portfolio with strong execution discipline. The momentum in FY26 has been particularly robust, with substantial capacity additions and multiple projects commissioned ahead of schedule.

Strategic Vision and Financial Backing

KP Group remains firmly committed to scaling its power generation portfolio as a core value driver. The company is progressing ahead of schedule toward its ambitious vision of achieving 10 GW total capacity by 2030 across both IPP and CPP portfolios. The current growth trajectory, supported by a robust pipeline and disciplined project delivery, positions the Group favorably to meet and potentially exceed this target.

A significant development has been the achievement of financial closure across the company's active IPP pipeline, backed by leading institutional lenders. This milestone underscores strong investor confidence and highlights the resilience and bankability of KP Group's IPP-focused business model.

Leadership Perspective

Commenting on this achievement, Dr. Faruk Patel, Founding Promoter of KP Group, emphasized the significance of this milestone: "Crossing the 1 GW energised capacity milestone is a defining moment in KP Group's journey. Our consistent focus on building a scalable and high-quality IPP platform, backed by disciplined execution, has enabled us to grow at a strong pace."

Dr. Patel further highlighted the company's commitment to future growth: "As we move forward, we remain committed to accelerating our growth and are well on track to achieve our vision of 10 GW by 2030 across IPP and CPP portfolios, while continuing to create long-term value for all our stakeholders."

Regulatory Compliance

The announcement was made through an official press release dated March 24, 2026, filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Muinulhaque Iqbalhusen Kadva, Whole Time Director, emphasizing the formal nature of this significant milestone announcement.

Company Background

Established in 1994 by Dr. Faruk G. Patel, KP Group has evolved into a multi-faceted conglomerate with core expertise in renewable energy, infrastructure, and innovation. Over three decades, the group has championed sustainability through transformative projects spanning wind energy projects, solar power installations, hybrid energy solutions, Battery Energy Storage System (BESS), and green hydrogen initiatives.

With its strong portfolio of renewable energy projects, KP Group has established itself as a trusted partner for companies committed to reducing their carbon footprint, contributing meaningfully to India's green energy mission and energy transition goals.

K.P. Energy Limited has secured a significant Letter of Award from Enerparc Energy Private Limited for developing a 40.8 MW wind-solar hybrid power project in Gujarat. The project represents a strategic addition to the company's renewable energy portfolio and reinforces its position as an integrated renewable energy solutions provider.

Project Specifications

The hybrid power project combines both wind and solar technologies to maximize energy generation efficiency. The project specifications demonstrate a balanced approach to renewable energy development:

Comprehensive Turnkey Solution

The project has been awarded on a complete turnkey basis, encompassing multiple critical aspects of renewable energy development. K.P. Energy Limited will handle the entire project lifecycle from initial supply through final commissioning.

The comprehensive scope of work includes:

• Supply, installation and commissioning of the complete project
• Development of evacuation infrastructure
• Facilitation of grid connectivity
• Obtaining requisite statutory and regulatory approvals

Contract Details and Compliance

The Letter of Award from Enerparc Energy Private Limited, a domestic entity, follows all regulatory requirements under SEBI guidelines. The project execution timeline will adhere to the stipulations outlined in the Letter of Award.

Strategic Impact

This award further strengthens K.P. Energy Limited's position as an integrated renewable energy solutions provider and enhances its execution pipeline in the wind-solar hybrid segment. The hybrid approach allows for optimized energy generation by leveraging complementary generation patterns of wind and solar resources.

The company's expertise in handling complete turnkey projects positions it well to execute this comprehensive development, from initial infrastructure setup through final grid integration and regulatory compliance.