Energetica India Magazine

Chairman and MD KP Group DR. FARUK G. PATEL Q KP Group’s renewable energy portfolio has expanded sig- nificantly in recent years. What key factors have enabled this growth, and how do you plan to achieve the 10 GW target by 2030? Dr. Faruk G. Patel: KP Group’s growth has been the result of a clear long-term vision combined with strong execution capabilities. What began as a modest enterprise has evolved into a renewable energy platform with a portfolio exceeding 8.5 GW across solar, wind, hybrid and energy storage proj- ects, supported by more than 11,890 acres of land bank and operations spanning over 128 project locations. A key differentiator for us has been our integrated business model. Through our group companies, we have capabilities ranging from project development and engineering to wind balance-of-plant solutions, solar infrastructure, and galvanis- ing and manufacturing facilities. This vertical integration al- lows us to execute projects efficiently while maintaining qual - ity and cost competitiveness. Our growth has also been driven by increasing demand from industrial consumers. During FY 2025-26 and Q1 FY 2026-27 alone, we delivered substantial CPP capacity additions across dozens of customer locations, reflecting the industry’s grow - ing confidence in renewable energy solutions. Looking ahead, our target of 10 GW by 2030 is not merely a capacity goal; it represents our vision of building a diversified clean energy ecosystem. Alongside solar and wind projects, we are investing in hybrid energy, battery storage, and green hydrogen infrastructure. The investments announced through Vibrant Gujarat and our growing utility-scale project pipeline provide a strong foundation for achieving this milestone. Q Hybrid renewable energy projects are gaining momentum across India. How do you see the economics of hybrid projects evolving compared to standalone solar or wind instal - lations? Dr. Faruk G. Patel: The economics of hybrid projects are be- coming increasingly compelling. Traditionally, solar and wind projects were evaluated independently. Today, however, ener- gy consumers are looking for reliability, consistency, and bet- ter utilisation of infrastructure. We have seen this shift firsthand through our growing hybrid project portfolio. Hybrid projects combine complementary generation profiles, enabling better use of transmission assets and improving overall energy availability. For industrial con- sumers, this translates into lower dependence on conventional power sources and improved energy economics. At KP Group, hybrid energy has become an important growth segment. We have successfully developed hybrid projects inte- grating solar and wind resources, and we see this trend accel- erating significantly over the next five years. As storage costs decline and grid requirements become more sophisticated, hybrid projects will increasingly outperform standalone assets in terms of value creation. The future will belong to integrated energy solutions rather than isolated generation technologies. Q BESS are increasingly viewed as essential for renewable energy integration. How is KP Group preparing for the storage opportunity? Dr. Faruk G. Patel: We view Battery Energy Storage Systems K P Group’s future developments are increasingly be- ing designed around the concept of integrated energy infrastructure, where solar, wind, storage, and green hy- drogen complement each other, said Dr. Faruk G. Patel, Chairman and MD, KP Group, in an interview with Ener- getica India. 20 energetica INDIA- Jul-Aug_2026 INTERVIEW