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KP Energy Secures 91.4 MW Wind-Solar Hybrid Project from JK Paper in Gujarat

KP Energy has secured a 91.4 MW wind-solar hybrid project from JK Paper in Gujarat, covering end-to-end development, grid connectivity, and O&M services.

March 30, 2026. By Mrinmoy Dey

KP Energy, a part of KP Group, has announced that the company has received a letter of award (LOA) from JK Paper for the development of a 91.4 MW wind-solar hybrid power project in Gujarat.
 
The project is being executed on a complete turnkey basis, encompassing end-to-end activities including engineering, procurement, installation, and commissioning, the company stated in a regulatory filing.
 
It also includes the development of evacuation infrastructure, enabling grid connectivity, obtaining all necessary statutory and regulatory clearances, and providing operation & maintenance (O&M) services for the Balance of Plant (BoP) of the wind capacity and the complete installed capacity of the solar project, the company stated.
 
“The said award reflects the Company's established execution capabilities in delivering integrated wind-solar hybrid projects and further strengthens its positioning in the renewable energy space, with enhanced execution visibility going forward,” the company said.
 
Last month, KP Energy received a Letter of Award from Solar Energy Corporation of India for a 100 MW ISTS-connected wind power project under Tranche XIX at a tariff of INR 3.67/kWh.
 
As of December 2025, KP Energy's project pipeline stood at over 2.18 GW, taking the company's total renewable portfolio to more than 3.29 GW. The company has installed over 1.11 GW of renewable capacity to date, including projects connected through both state and central transmission networks. Its O&M portfolio crossed 644 MW, while its own operational IPP assets stood at 48.5 MW.
 
KP Group has set a target of over 10 GW of renewable capacity by 2030.
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