KPI Green Energy Signs ₹4,000 Crore MoU with Gujarat Government for 855 MW Renewable Energy Projects

2 min read | Published on 12 Jan 2026, 08:06 PM |Updated on 12 Jan 2026, 08:06 PM

Reviewed by

Radhika SScanX News Team

Key Highlights

KPI Green Energy Limited has signed a ₹4,000.00 crore MoU with the Government of Gujarat on January 12, 2026, for developing 855 MW renewable energy projects. The portfolio includes solar power projects and ISTS-connected wind-solar hybrid projects across Devbhumi Dwarika and Kutch, with estimated employment generation of over 4,000 people. The projects will be implemented in phases subject to statutory approvals, with Gujarat government facilitating necessary permissions and clearances.

*this image is generated using AI for illustrative purposes only.

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

Project Portfolio and Capacity

Under the agreement, KPI Green Energy proposes to establish renewable energy projects with an aggregate capacity of approximately 855 MW. The portfolio comprises solar power projects and ISTS-connected wind-solar hybrid power projects across multiple locations in Gujarat, including Devbhumi Dwarika and Kutch (Bhuj).

Project Type	Capacity	Details
Solar Power Project (DREBP & Captive)	200 MW (DC)	Under DREBP scheme and captive user segment
Solar Power Project	405 MW	Standard solar power development
Wind-Solar Hybrid Project (CTU)	100 MW	ISTS-connected hybrid power project
Wind-Solar Hybrid Project (CTU)	150 MW	ISTS-connected hybrid power project
Total Capacity	855 MW	Aggregate renewable energy capacity

Investment and Employment Impact

The renewable energy initiative represents a substantial investment commitment for Gujarat's clean energy sector. The total proposed investment for these projects amounts to approximately ₹4,000.00 crores, positioning it as a significant contributor to the state's renewable energy infrastructure.

Parameter	Details
Total Investment	₹4,000.00 crores
Employment Generation	Over 4,000 jobs
Implementation Approach	Phased manner
Project Locations	Devbhumi Dwarika and Kutch (Bhuj)

Government Support and Implementation Framework

As per the MoU terms, the Government of Gujarat shall facilitate KPI Green Energy in obtaining necessary permissions, registrations, approvals and clearances from the relevant State authorities. This support will be provided in accordance with applicable policies, rules and regulations. The proposed projects are expected to be implemented in a phased manner, subject to receipt of applicable statutory approvals and clearances.

Strategic Significance

This MoU underscores KPI Green Energy'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 green energy mission and represents a significant step toward expanding renewable energy capacity in one of the country's leading industrial states.

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 the past three decades, the group has championed sustainability by spearheading transformative projects in wind, solar, hybrid energy, Battery Energy Storage System (BESS) and green hydrogen, contributing meaningfully to India's energy transition.

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