Energetica india Magazine

Chairman and MD KP Group DR. FARUK G. PATEL Q With a goal to scale toward a 10 GW portfolio by 2030, how does KP Group plan to balance utility-scale IPP, EPC work, and emerging segments like green hydrogen and ammo- nia? Dr. Faruk G. Patel: KP Group’s goal of achieving a 10 GW portfolio by 2030 is built on maintaining a balanced mix of stable assets and future-facing growth platforms. Utili- ty-scale IPP projects remain a core pillar, providing long term visibility on revenues through power sale agreements. EPC and O&M activities, which allow the Group to monetise its execution capabilities, complement this. At the same time, emerging segments like green hydrogen and green ammonia are being developed in a phased manner. Core power generation remains the Group’s core focus, but these segments extend its renewable base, leveraging in-house solar and wind capacity, land access, and transmission planning. The Group’s diversified structure allows dynamic allocation of capital and resources based on market conditions. This en- sures that near term growth is anchored in proven segments, while medium to long term value creation is driven by clean fuel platforms that are expected to gain scale in the coming years. Q KP Group recently signed an MoU with the Government of Botswana. How will it impact the Group’s global posi- tioning and investor perception, especially in terms of exports and foreign collaborations? Dr. Faruk G. Patel: The MoU with the Government of Bo- tswana is an important step in KP Group’s international ex- pansion strategy and positions the Group as a credible renew- able energy developer beyond India. The two sides will work together to develop utility-scale solar, wind and hybrid power plants and battery energy storage systems with a potential investment of around USD 4 billion (INR 36,000 crore) for 5 GW renewable energy projects. The collaboration reflects confidence in the Group’s ability to plan, finance and execute large-scale renewable and transmission projects in emerging markets, which is increasingly important for global investors evaluating long term growth potential. From an investor perspective, the development shows diver- sification of geographical risk while opening access to new demand centres for clean power. The scale of the proposed investments, combined with Botswana’s ambition to become a regional clean energy exporter, creates visibility around cross-border power trade and long-term off-take opportuni- ties. K P Group’s green hydrogen and ammonia initiatives are being developed with a clear focus on phased execution and commercial readiness. The installation of the green hydrogen facility is completed, and currently live testing is underway, said Dr. Faruk G. Patel, Chairman and MD, KP Group, in an interview with Energetica India. 32 energetica INDIA- February_2026 INTERVIEW