KPI Green Energy has become the first company in India to install a 4.2 MW wind turbine generator (4.2M160) manufactured by Senvion India, marking a significant milestone in the adoption of next-generation wind technology under the 'Make In India' initiative. The turbine has been installed by KP Group in South Gujarat and is specifically engineered for Indian wind conditions and site requirements.

A Landmark in Indigenous Wind Energy Manufacturing

The 4.2M160 turbine is part of Senvion's new generation 4XM platform and is designed to maximise energy capture in low-to-medium wind regimes. With a rated capacity of 4.2 MW, a 160-metre rotor diameter, and a 140-metre hub height, the turbine's larger swept area, advanced control systems, and site-optimised design enable higher generation output, improved efficiency, and enhanced long-term value.

Significance of the 4XM Platform

The 4XM platform features a modular architecture enabling efficient transportation, faster installation, and streamlined commissioning, while also improving serviceability and operational reliability. Engineered and manufactured in India with over 85% localisation, the platform represents the next phase of India's wind energy evolution towards larger and more efficient turbines. The platform was included in the Approved List of Models and Manufacturers (ALMM) in December 2025, further validating its compliance with domestic manufacturing standards.

Leadership Statement

Commenting on the development, Dr. Faruk Patel, Chairman & Managing Director, said: "Being the first to install the 'Make in India' 4.2 MW M160 wind turbine in South Gujarat reinforces KP Group's commitment to adopting advanced, next-generation technologies that enhance generation efficiency, optimise lifecycle performance, and deliver long-term value. This milestone further strengthens our position as a trusted partner in executing scalable and high-performance renewable energy solutions, while contributing meaningfully to India's transition towards a cleaner and more sustainable energy future."

Advancing India's Renewable Energy Landscape

Established in 1994 by Dr. Faruk G. Patel, KP Group has grown into a multi-faceted conglomerate with core expertise in renewable energy, infrastructure, and innovation. The group has championed sustainability by spearheading transformative projects in wind, solar, hybrid energy, Battery Energy Storage System (BESS), and green hydrogen. The successful installation of the 4.2M160 turbine in South Gujarat underscores KPI Green Energy's role as a pioneer in India's renewable energy sector, positioning the company at the forefront of the country's wind energy expansion as domestic manufacturing capabilities increasingly match global standards.

KPI Green Energy has incorporated a wholly owned subsidiary named "KPGC Global Corporation IFSC Private Limited" in the International Financial Services Centre (IFSC) at GIFT City, Gujarat. The incorporation was completed on April 23, 2026, with the company filing regulatory intimation under SEBI Listing Regulations on April 24, 2026.

Subsidiary Structure and Capital Details

The newly incorporated subsidiary has been established with substantial financial backing and clear operational objectives:

Business Objectives and Strategic Purpose

The subsidiary has been established with specific operational mandates that align with KPI Green Energy's corporate strategy. KPGC Global Corporation IFSC Private Limited will function as a Group Resource and Capital Treasury Centre (GRCTC), undertaking centralized treasury and financial management services for the group.

GIFT City Advantages

The strategic location in GIFT City's IFSC provides several operational benefits:

• Special Economic Zone (SEZ) regulatory framework
• International financial services center infrastructure
• Enhanced connectivity and business facilitation
• Streamlined regulatory environment for financial operations

The subsidiary is yet to commence business operations, with current turnover listed as nil. This incorporation represents KPI Green Energy's expansion into specialized financial services and treasury management operations within India's premier international financial hub.