Inox Wind Limited (IWL) and KP Energy Limited (KPE) have entered into an exclusive Memorandum of Understanding (MoU) to jointly develop 2.5 GW of wind and wind–solar hybrid power projects across multiple states in India. The partnership brings together two major players in the renewable energy sector to deliver large-scale, integrated clean-energy solutions that support India’s ambitious renewable targets.
Under the terms of the MoU, IWL and its subsidiaries will supply Wind Turbine Generators and associated equipment, along with providing critical engineering support, including USS design, transformer specifications and foundation designs. The company will also handle pre-commissioning, commissioning and operations and maintenance (O&M) of the wind turbines. Complementing this, KP Energy will take charge of key project development activities such as securing land, statutory approvals, right-of-way permissions and connectivity. KPE will also execute the Balance of Plant and other EPC works, as well as manage O&M for the BoP components.
The collaboration leverages the complementary strengths of both organisations and is expected to enhance their strategic positioning in the renewable energy ecosystem. KPE stands to benefit from assured access to IWL’s cutting-edge manufacturing and engineering capabilities, allowing it to offer more integrated renewable energy assets. IWL, on the other hand, will gain from KPE’s extensive on-ground development experience and proven efficiency in executing complex wind infrastructure projects across varied terrains. Together, the companies aim to streamline project delivery, improve operational efficiencies and scale up their presence in India’s burgeoning clean-energy market.
Speaking about the partnership, Kailash Tarachandani, Group CEO Renewables at the INOXGFL Group, described the collaboration as a convergence of two industry leaders combining manufacturing excellence, engineering depth and robust ground execution. He emphasised that the synergy between the two firms would enable them to confidently pursue large-scale opportunities while supporting India’s transition to sustainable energy. Echoing this sentiment, Dr Faruk G Patel, Founder and Managing Director of KP Energy, said the MoU marks a major strategic step in advancing renewable energy infrastructure development. He highlighted that the partnership creates a strong platform capable of delivering complex wind and hybrid assets at scale, reinforcing KPE’s commitment to contributing meaningfully to India’s national renewable energy goals.
