KPI Green Energy Limited has achieved a significant early milestone in its major solar project, successfully commissioning the first phase well ahead of the contractual timeline. The development marks a key achievement in the company's renewable energy portfolio expansion.

Project Milestone Achievement

The company has successfully commissioned the first 24.2 MW AC / 34.4 MW DC capacity of its ongoing 250 MW AC / 350 MW DC grid-connected solar IPP project. This achievement comes well ahead of the overall contractual schedule, demonstrating strong execution capabilities.

Project Background

The project forms part of the 250 MW AC (350 MW DC) grid-connected Solar Photovoltaic Power Project awarded to KPI Green Energy Limited through a competitive bidding process. The award came under RFS No. GUVNL / 500 MW / Solar (Phase-XXIV) dated March 15, 2024, issued by Gujarat Urja Vikas Nigam Limited (GUVNL) for the procurement of power from grid-connected solar projects across India.

With a total contractual completion timeline extending to October 2026, the project is progressing steadily in line with KPI Green's planned execution milestones and performance benchmarks.

Execution Excellence

The early commissioning of the initial tranche highlights several key strengths:

• Strong project management capabilities
• Advanced engineering expertise
• Commitment to timely and disciplined execution
• High standards of efficiency and quality

The balance project capacity is expected to be implemented at a similar pace, maintaining the company's established standards of execution excellence.

Strategic Positioning

As India accelerates its transition toward clean energy, KPI Green Energy remains focused on delivering renewable energy projects responsibly. The company aims to support sustainable growth while building resilient and future-ready energy infrastructure.

Established in 1994 by Dr. Faruk G. Patel, the KP Group has grown 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, contributing to India's green energy mission.

KPI Green Energy Limited has announced a scheduled earnings conference call with analysts and investors to discuss its Q3FY26 financial performance. The company filed the announcement with stock exchanges on January 21, 2026, in compliance with regulatory requirements.

Conference Call Details

The earnings discussion is scheduled for the following date and time:

Management Participation

The conference call will feature key members of KPI Green Energy's leadership team who will present and discuss the company's financial performance:

• Moh. Sohil Yusufbhai Dabhoya - Whole Time Director (DIN: 07112947)
• Dr. Alok Das - Group CEO
• Mr. Salim Yahoo - CFO

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about the scheduled conference call.

Access Information

Share India Securities Limited is organizing the conference call and has provided multiple access options for participants. The company has made available India dial-in numbers and registration details for interested analysts and investors. For conference call enquiries, participants can contact Harsh Patel at Share India Securities Limited.

The company has also hosted this information on its official website at www.kpigreenenergy.com for broader accessibility. KPI Green Energy trades on BSE with scrip code 542323 and on NSE with the symbol KPIGREEN.