KP Green Engineering has announced securing a significant new order worth ₹248.00 crores, marking a substantial addition to its business pipeline. This contract win represents a major milestone for the engineering company as it continues to expand its project portfolio and strengthen its market position.

Order Book Performance

The latest order acquisition has brought the company's total order book to ₹1,000.00 crores, showcasing strong business momentum and client confidence in KP Green Engineering's capabilities. The substantial order book provides visibility into future revenue streams and demonstrates the company's ability to secure large-scale engineering projects.

Market Position

KP Green Engineering currently maintains a market capitalization of ₹1,400.00 crores, reflecting the market's assessment of the company's value and growth prospects. The strong order book position, now standing at ₹1,000.00 crores, provides a solid foundation for sustained business operations and revenue generation.

Business Impact

The ₹248.00 crore order represents a significant contract win that enhances the company's project pipeline. With the total order book now reaching ₹1,000.00 crores, KP Green Engineering has established a robust platform for future growth and operational stability. The substantial order book-to-market cap ratio indicates strong business fundamentals and execution capabilities in the engineering sector.

KP Green Engineering Limited has signed a significant Memorandum of Understanding with the Government of Gujarat for developing renewable energy projects worth ₹4,000.00 crores. The agreement was formalized on January 12, 2026, at Marwadi University, Rajkot, as part of the Vibrant Gujarat Regional Conference – Investment Promotion Activity.

Project Portfolio and Capacity

The MoU encompasses renewable energy projects with an aggregate capacity of approximately 855 MW, strategically distributed across multiple locations in Gujarat, including Devbhumi Dwarka and Kutch (Bhuj). The portfolio comprises both solar power projects and ISTS-connected wind-solar hybrid power projects.

Investment and Employment Impact

The renewable energy initiative represents a substantial investment commitment with significant economic implications for the region. The total proposed investment amounts to approximately ₹4,000.00 crores, positioning this as one of the major renewable energy investments in Gujarat.

Government Support and Facilitation

Under the terms of the MoU, the Government of Gujarat has committed to facilitating KP Green Engineering in obtaining necessary permissions, registrations, approvals, and clearances from relevant State authorities. This support will be provided in accordance with applicable policies, rules, and regulations, ensuring streamlined project implementation.

The proposed projects are expected to be implemented in a phased manner, subject to receipt of applicable statutory approvals and clearances from various regulatory bodies.

Strategic Significance

This MoU underscores KP Green Engineering's commitment to strengthening Gujarat's renewable energy ecosystem and contributing to the State's clean energy and sustainable development objectives. The agreement aligns with India's broader renewable energy mission and Gujarat's position as a leading state in clean energy adoption.

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 in wind, solar, hybrid energy, Battery Energy Storage System (BESS), and green hydrogen technologies.