KP Group Inks ₹8,000 Crore Deal with Gujarat Government for Hydrogen and EV Fuel Stations
KP Energy has signed an MoU with the Gujarat Government to invest ₹8,000 crore in establishing hydrogen and electric vehicle fuel stations across the state. The project, announced at the Vibrant Gujarat Regional Conference 2025, is expected to create about 1,000 jobs. The Gujarat Government will facilitate necessary approvals and clearances for the project. Dr. Faruk G. Patel, Founding Promoter of KP Group, emphasized the initiative's role in creating a future-ready refueling ecosystem and strengthening Gujarat's position in sustainable infrastructure development.

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KP Energy , a Gujarat-based conglomerate specializing in renewable energy and infrastructure, has entered into a significant partnership with the Gujarat Government. The company has signed a Memorandum of Understanding (MoU) to establish hydrogen and electric vehicle (EV) fuel stations across the state, marking a major step towards bolstering Gujarat's clean energy and e-mobility ecosystem.
Partnership Details
The MoU, signed at the Vibrant Gujarat Regional Conference 2025, outlines KP Group's commitment to invest ₹8,000 crore in developing a state-wide network of hydrogen and EV fuel stations. This ambitious project is expected to generate approximately 1,000 employment opportunities, underlining its potential economic impact.
Key Highlights of the MoU
Aspect | Details |
---|---|
Investment | ₹8,000 crore |
Employment Generation | Approximately 1,000 jobs |
Signing Date | October 9, 2025 |
Venue | Vibrant Gujarat Regional Conference (North Region), Ganpat University, Mehsana |
Government Representative | Smt. Bhakti Shamal, Joint Secretary, Energy & Petrochemicals Department |
KP Group Representative | Mr. Affan Patel, Whole Time Director |
Government Support
The Gujarat Government has pledged to facilitate KP Group in obtaining necessary permissions, registrations, approvals, and clearances from relevant departments. This support aims to ensure timely and smooth implementation of the project, adhering to prevailing state policies, rules, and regulations.
Strategic Importance
Dr. Faruk G. Patel, Founding Promoter of KP Group, emphasized the strategic importance of this partnership, stating, "Through this collaboration, we aim to create a robust, future-ready refuelling ecosystem for Hydrogen and Electric Vehicles that will not only enable industries, public transport and private mobility to adopt cleaner fuels with confidence, but also strengthen Gujarat's position as a frontrunner in sustainable and green infrastructure development."
This partnership aligns with Gujarat's ongoing efforts to lead India's clean-energy transition and positions the state at the forefront of sustainable and green infrastructure development.
About KP Group
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. The group has been instrumental in championing sustainability through transformative projects in wind and solar energy, contributing significantly to India's green energy mission.
This latest venture into hydrogen and EV fuel stations further solidifies KP Group's commitment to sustainable energy solutions and reinforces its position as a key player in India's energy transition landscape.
Historical Stock Returns for KP Energy
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+9.86% | +3.15% | +1.37% | +5.53% | -20.56% | -20.56% |