KP Group signed a Memorandum of Understanding (MoU) with the Government of Gujarat to invest ₹4,000 crore in renewable energy projects across the Saurashtra and Kutch regions. The MoU was formalised at the Vibrant Gujarat Regional Conference for Kutch and Saurashtra held in Rajkot.
Under the agreement, KP Group will develop a mix of solar and wind-solar hybrid power projects with a cumulative capacity exceeding 855 MW. A key component of the investment includes a 200 MW (DC) solar power project under the Distributed Renewable Energy Based Power (DREBP) scheme at Devbhumi Dwarka, being developed for a captive user at an estimated cost of ₹800 crore.
In Kutch, the group will set up a 405 MW solar power project at Bhuj with an investment of ₹1,200 crore. The MoU also covers two Interstate Transmission System (ISTS)-connected wind-solar hybrid projects under the Central Transmission Utility (CTU): a 100 MW project at Devbhumi Dwarka with an outlay of ₹800 crore, and a 150 MW project at the same location involving an investment of ₹1,200 crore.
The MoU was signed by Hassan Patel, Whole-time Director of KP Group and Bhakti Shamal, Joint Secretary, Energy and Petrochemicals Department, Government of Gujarat.
Commenting on the development, Dr Faruk G. Patel, CMD of KP Group, said Vibrant Gujarat has evolved into a platform rooted in trust and long-term development. He noted that the group has consistently translated earlier MoUs into on-ground projects and described the latest agreement as another step towards positioning Gujarat as a green energy hub. He reiterated KP Group’s commitment to sustainable development, clean energy and local employment generation with the support of the state government.
According to the company, the proposed projects are expected to generate more than 4,200 direct and indirect employment opportunities. Commercial operations are scheduled to commence in 2026. As part of the MoU, the state government will facilitate necessary approvals and clearances in line with existing policies and regulations.
KP Group has been steadily expanding its footprint in Gujarat’s clean energy sector. At the Vibrant Gujarat Regional Conference for North Gujarat held in October 2025, the group signed an MoU to invest ₹8,000 crore in hydrogen and electric vehicle fuel stations across the state.
