KPI Green Energy Ltd has announced a significant development in its renewable energy portfolio, securing a 100 MW solar project contract through its subsidiary, Sun Drops Energia Private Limited. This move marks a substantial step forward in the company's expansion within the solar energy sector.

Project Details

The project, awarded under the Captive Power Producer (CPP) segment, encompasses a comprehensive scope including:

• Development of a 100 MW Solar Power Project
• Supply, Service, and Operations & Maintenance (O&M) for the project's operational life
• Implementation on a turnkey basis
• Utilization of DCR (Domestic Content Requirement) module category

Contract Specifications

Strategic Implications

This contract represents a significant milestone for KPI Green Energy, potentially strengthening its position in India's growing renewable energy market. The project aligns with the country's push towards sustainable energy solutions and may contribute to the company's long-term growth strategy.

Regulatory Compliance

The company has duly informed the stock exchanges about this development, adhering to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that investors and stakeholders are kept informed about material events affecting the company.

As the renewable energy sector continues to expand in India, projects of this scale could play a crucial role in shaping the country's energy landscape. Investors and industry observers will likely keep a close watch on KPI Green Energy's execution of this significant solar power project.

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

Key Focus Areas of the Partnership

The strategic partnership aims to boost green hydrogen development initiatives on an international scale. The collaboration will focus on:

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 partnership marks a pivotal step in strengthening international cooperation for clean energy, particularly in the emerging global green hydrogen sector. For KP Group, with its secured renewable portfolio of over 6 GW including solar, wind, and hybrid assets, this collaboration presents a unique opportunity 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 Group

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

For Jeonbuk Province

• Serve as a catalyst for boosting its local hydrogen companies in overseas markets
• Support youth employment and research
• Revitalize the regional economy through hydrogen ecosystem expansion

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."

About KP Group

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 and solar energy, contributing significantly to India's green energy mission.

This partnership underscores KPI Green Energy's commitment to shaping a sustainable future by delivering innovative renewable energy and infrastructure solutions for the development of green hydrogen and ammonia projects. As the global focus on clean energy intensifies, this collaboration positions KPI Green Energy at the forefront of the green hydrogen revolution, potentially driving significant growth and innovation in the sector.