KP Group Inks ₹8,000 Crore Deal with Gujarat Government for Hydrogen and EV Fuel Stations

1 min read     Updated on 10 Oct 2025, 01:31 PM
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Overview

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.

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K.P. Energy Forms Strategic Partnership with South Korea's Jeonbuk Province for Green Hydrogen Development

2 min read     Updated on 30 Sept 2025, 06:34 PM
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Overview

KP Energy's subsidiary, KPI Green Hydrogen & Ammonia, has signed an MOU with South Korea's Jeonbuk Province and energy companies GH2 Solar Limited and AHES Co., Ltd. The collaboration aims to advance the global green hydrogen ecosystem through technology exchange, joint project development, and market expansion. KP Energy, with a 6 GW renewable portfolio, seeks to enhance its competitiveness in global green hydrogen markets and generate employment opportunities. The partnership aligns with KP Energy's 'Vision Forward' strategy and India's clean energy transition goals.

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KP Energy , a leading player in the renewable energy sector, has announced a significant international collaboration to advance the global green hydrogen ecosystem. The company, through its subsidiary KPI Green Hydrogen & Ammonia, has signed a Memorandum of Understanding (MOU) with Jeonbuk Special Self-Governing Province of South Korea, along with energy leaders GH2 Solar Limited and AHES Co., Ltd.

Key Focus Areas of the Collaboration

The partnership aims to strengthen international cooperation in clean energy, with a specific focus on the emerging global green hydrogen sector. The agreement establishes a framework for advancing several critical areas:

  1. Technology exchange in water electrolysis and hydrogen facilities
  2. Joint development of large-scale green hydrogen projects
  3. Expansion of the green hydrogen market across India and international geographies

Strategic Significance

This collaboration marks a pivotal step in KP Energy's journey towards sustainable energy solutions. With a secured renewable portfolio of over 6 GW, including solar, wind, and hybrid assets, the company is well-positioned to scale up green hydrogen and ammonia production in India and beyond.

Dr. Faruk G. Patel, Chairman & Managing Director of KP Group, commented on the partnership: "This agreement is a synergy of vision and execution. By combining the advanced technological expertise of our Korean partners with India's vast market opportunities and KP Group's proven strength in renewable execution, we are accelerating the global shift towards a sustainable hydrogen economy. This aligns perfectly with our 'Vision Forward' strategy and India's clean energy transition goals."

Benefits for Both Parties

For KP Energy, the collaboration is expected to:

  • Enhance competitiveness in global green hydrogen markets
  • Generate employment opportunities across India and Korea
  • Strengthen the company's leadership in renewable energy and green fuels

From the South Korean perspective, His Excellency Kim Kwan-young, Governor of Jeonbuk Province, remarked: "This agreement is a cooperation model that combines the technology of Jeonbuk hydrogen companies with India's capital and market, and it will be an important opportunity for Korean companies to leap into the global market."

For Jeonbuk Province, the agreement is anticipated to:

  • Boost local hydrogen companies in overseas markets
  • Support youth employment and research
  • Revitalize the regional economy through hydrogen ecosystem expansion

Commitment to Sustainable Future

KPI Green Energy, KP Energy, and KP Green Engineering, as part of the KP Group, have reaffirmed their commitment to shaping a sustainable future. The companies aim to deliver innovative renewable energy and infrastructure solutions for the development of green hydrogen and ammonia projects.

This strategic international partnership underscores KP Energy's dedication to contributing meaningfully to India's energy transition while setting new benchmarks in the renewable energy sector. As the global focus shifts towards cleaner energy sources, this collaboration positions KP Energy at the forefront of the green hydrogen revolution, potentially opening new avenues for growth and sustainability in the energy sector.

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+9.86%+3.15%+1.37%+5.53%-20.56%-20.56%
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