KP Group has signed a memorandum of understanding (MoU) with the Government of Gujarat for the development of renewable energy projects in the state, involving a proposed investment of approximately ₹4,000 crore. The MoU was signed on January 12, 2026, at the Vibrant Gujarat Regional Conference – Investment Promotion Activity held at Marwadi University, Rajkot. Under the agreement, KP Group proposes to develop renewable energy projects with an aggregate capacity of around 855 MW across multiple locations in Gujarat, including Devbhumi Dwarka and Kutch (Bhuj).
The proposed capacity will comprise a mix of solar power projects and interstate transmission system (ISTS)-connected wind–solar hybrid projects. The planned projects include a 200 MW (DC) solar power project under the DREBP scheme and captive user segment, a 405 MW solar power project, and two ISTS-connected wind–solar hybrid projects of 100 MW and 150 MW respectively.
The projects are expected to be implemented in a phased manner, subject to receipt of statutory approvals, registrations and clearances. As per the MoU, the Government of Gujarat will facilitate KP Group in obtaining the necessary approvals from relevant state authorities in accordance with applicable policies and regulations.
KP Group stated that the proposed investments are expected to generate employment for more than 4,000 people during the construction and operational phases. The projects are also expected to contribute to Gujarat’s clean energy targets and support the state’s transition towards a low-carbon energy mix.
Established in 1994, KP Group operates across renewable energy, infrastructure and allied sectors, with experience in solar, wind, hybrid energy, battery energy storage systems and green hydrogen. The group stated that the MoU reflects its continued commitment to expanding renewable energy capacity and supporting India’s broader energy transition objectives.
