KPI Green Energy, one of India’s leading integrated renewable energy solution providers, has secured a major floating solar Engineering, Procurement and Construction (EPC) contract from Gujarat State Electricity Corporation Limited (GSECL). The agreement marks one of the Gujarat government’s first large-scale floating solar initiatives and represents a significant step forward for the state’s clean energy ambitions.
Under the contract, KPI Green Energy will develop a 142 MWp (DC) / 110 MW (AC) floating solar project on the reservoir of the Kadana Dam in Mahisagar district. The project underscores Gujarat’s growing emphasis on innovative renewable technologies such as floating photovoltaic (FPV) systems, which allow solar power generation on water bodies while optimising land use.
The comprehensive EPC scope includes the design, engineering, procurement, construction, and installation of the floating solar plant. It also covers critical grid-integration works, such as setting up a 33 kV underground transmission line to the pooling station and installing 33/220 kV bays at the Kadana substation. Execution is expected to span 18 months, followed by 10 years of operations and maintenance by KPI Green Energy.
Dr Faruk G Patel, Founder, Chairman and Managing Director of KP Group, described the contract as a transformative step for the company. “Winning the 110 MW (AC) floating solar EPC contract from GSECL is a major milestone for KPI Green Energy Limited and the KP Group. It expands our portfolio into next-gen floating solar technology, reinforces our full-service EPC credentials, and underscores our commitment to driving India’s energy transition. We look forward to executing this project safely, on time, and to the highest quality standards,” he said.
The project strengthens KPI Green’s presence across the renewable energy value chain from ground-mounted solar and rooftop installations to now, floating solar systems. It also marks a strategic diversification into a technology segment expected to play a significant role in India’s clean energy future, especially in regions with constrained land availability.