KPI Green Energy Reports 64% Revenue Growth, Expands Renewable Portfolio to 4.74 GW

The company's cumulative installed and upcoming renewable capacity has reached 4.74+ GW, comprising 2.17+ GW in IPP and 2.57+ GW in CPP segments. KPI Green Energy's order book stands at 3.61+ GW, ensuring strong revenue visibility over the coming years. Installed capacity has crossed 1.12+ GW, supported by a growing land bank of nearly 6,999+ acres and power evacuation capacity exceeding 3.57+ GW.

Commenting on the performance, Dr. Faruk G. Patel, Chairman & Managing Director, KP Group, said, "Our strong performance reflects disciplined execution, rapid capacity expansion, and the strategic diversification of our renewable portfolio across solar, wind, storage and green hydrogen. We are steadily building a resilient IPP base that delivers predictable cash flow while scaling our EPC and captive solutions to meet rising industrial demand.”

The company continues to strengthen its Independent Power Producer (IPP) portfolio, which offers stable annuity revenues and long-term visibility through PPAs. Its IPP portfolio currently stands at 2.17 GWp, with significant projects under execution, including large-scale solar and BESS projects.

Major Order Wins and Strategic Projects

During the quarter, KPI Green Energy secured several landmark orders, including:

• 150 MW Wind Power Project with GUVNL under a 25-year PPA
• 445 MW / 890 MWh Standalone BESS Project, the company's first large-scale battery storage project.
• 142 MW Floating Solar Project at Kadana Dam, Gujarat, awarded by GSECL with a long-term O&M contract.
• 200 MW Solar EPC Project at Khavda Renewable Energy Park awarded by SJVN.
• 1 TPD Plasma Green Hydrogen Plant, marking the company's entry into green hydrogen using municipal solid waste feedstock.

KPI Green Energy has entered multiple strategic collaborations to accelerate growth, including:

• A framework agreement with Senvion India to jointly develop up to 2 GW of wind and hybrid projects.
• An MoU with Inox Solar Limited for 2.5 GW of solar and hybrid projects.
• MoUs with the Government of Gujarat for renewable projects aggregating ~895 MW and for hydrogen and EV fuel infrastructure with an estimated investment of ₹8,000 crore.
• International partnerships in Botswana, UAE, and South Korea, targeting renewable energy and green hydrogen ecosystems globally.

The company continues to invest in future-ready segments, including floating solar, green hydrogen, battery energy storage systems (BESS), offshore wind, and energy trading. Its AI-enabled Network Operations Centre and waterless robotic solar panel cleaning solutions enhance operational efficiency and sustainability across assets.