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.

K.P. Energy Limited has submitted the official transcript of its quarterly earnings conference call to stock exchanges, following the discussion of its Q3 FY26 financial results. The company conducted the analyst and investor call on January 28, 2026, and has now provided the complete transcript as part of its regulatory compliance under SEBI Listing Regulations.

Regulatory Submission Details

The transcript submission was made on February 2, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document was signed by Affan Faruk Patel, Whole Time Director (DIN: 08576337), and submitted to both NSE and BSE.

Strong Financial Performance Highlights

During the earnings call, the company reported exceptional financial results for Q3 FY26. The consolidated total revenue reached INR 347.60 crores, representing a 63% increase compared to INR 212.60 crores in Q3 FY25. The nine-month revenue stood at INR 871.60 crores versus INR 549.80 crores in the previous year, marking a 59% growth.

Strategic Position and Order Book

The management team, led by Whole-Time Director Affan Faruk Patel and CFO Shabana Bajari, highlighted the company's strong market position in India's renewable energy sector. The current order book stands at approximately 2.18 gigawatt, valued at over INR 2,600 crores, with execution timelines of 12 to 18 months.

The company's integrated approach covers the entire value chain from wind and land identification to balance of plant execution, transmission infrastructure, grid connectivity, and long-term operations and maintenance services. The O&M portfolio has crossed 644 megawatt, while the consolidated IPP portfolio stands at 48.50 megawatt.

Management Outlook

During the call, the leadership team expressed confidence in maintaining strong growth momentum, with expectations for Q4 FY26 to deliver exceptional results. The company anticipates new order announcements in the current quarter, particularly in hybrid projects and balance of system contracts. The transcript and audio recording are available on the company's website at www.kpenergy.in for stakeholder reference.