Energetica india Magazine

The MoU strengthens KP Group’s profile as a partner of choice for governments seeking international expertise and capital mobilisation, and reinforces its standing in global re- newable markets. Q The Company has also partnered with Delta Electron- ics India to boost battery storage, green hydrogen, EV charging, and solar inverter solutions. How important are such cross-sector technology alliances to your future energy ecosys- tem strategy? Dr. Faruk G. Patel: Cross-sector technology alliances play a central role in KP Group’s strategy to build an integrated en- ergy ecosystem rather than operate in isolated verticals. As renewable energy moves towards round-the-clock supply and clean mobility, partnerships with technology providers such as Delta Electronics become critical to bridge capability gaps and accelerate deployment. Through this collaboration, KP Group combines its strengths in project development, EPC execution and market access with Delta’s expertise in power electronics, energy manage- ment systems and advanced hardware. This enables faster adoption of battery storage, smart inverters, green hydrogen infrastructure and EV charging solutions at scale. Such alliances also reduce technology risks, improve system reliability and support competitive project pricing. Impor- tantly, they allow KP Group to respond to evolving grid re- quirements and customer needs across segments. In the long term, they are expected to strengthen the Group’s ability to deliver integrated, future-ready energy solutions. Q Several KP Group entities, including KP Energy and KP Green Engineering, have reported strong profit growth in FY26. How much of this performance reflects operational scale versus improved pricing or project mix? Dr. Faruk G. Patel: For the first nine months of the year, KPI Green Energy’s income increased 64 percent to INR 1,931.31 crore, while net profit was up by 60 percent to INR 353.76 crore. For KP Energy, income was up by 58.50 percent to INR 871.61 crore, and profit increased by 48 percent to INR 102.71 crore. This performance is largely driven by increased operational scale and disciplined execution. Higher installed capacity, timely project commissioning and a growing order book have resulted in better absorption of fixed costs and im - proved operating leverage. Project mix has also played a role, with a higher share of util- ity-scale, hybrid and integrated projects contributing to more predictable margins. In the EPC and engineering segments, execution efficiency and in-house manufacturing capabilities have supported profitability even in a competitive environ - ment. The performance reflects the ability of the Group entities to deliver projects at scale without compromising timelines or quality. The expanding IPP portfolio has added stability through recurring revenues, while O&M and ancillary services have further diversified income streams. Overall, the results reflect structural growth and operational maturity. Q The company has also entered the green ammonia and hydrogen space with partners like AHES and GH2 Solar. What are the expected timeline and commercial ramp-up plans for the facilities? Dr. Faruk G. Patel: KP 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 test- ing is underway. The facility will enable cleaner furnace op- erations by blending green hydrogen with LPG and reducing fossil fuel usage, and serve as a foundation for future scale-up. The green ammonia project, to be developed in partnership with AHES and GH2 Solar, is planned with an initial capac- ity of one lakh TPA. Development activities, including de- tailed engineering, site preparation and off-take structuring, are currently underway. The project benefits from long-term collaboration with international partners, including secured interest from export markets such as South Korea and Japan. Rather than aggressive expansion, the focus is on ensuring stable operations, reliable off-take and cost competitiveness. Over time, these facilities are expected to scale in line with global demand for low-carbon fuels, positioning the Group as an integrated supplier in the clean energy value chain. energetica INDIA- February_2026 33 INTERVIEW