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KPI Green Energy Energises Additional 171.5 MWp Solar, Hybrid Capacity in Gujarat

KPI Green Energy has energised an additional 171.5 MWp of solar and hybrid capacity at Bharuch, Gujarat, taking cumulative energised capacity under its two IPP projects to 811.5 MWp out of the total planned 1,027 MWp capacity.

November 06, 2026. By Mrinmoy Dey

KPI Green Energy, a part of KP Group, has announced that the company has energised an additional capacity of 49.7 MWp under its 250 MW/350 MWp Solar Power Project (IPP) and 121.8 MWp under its 370 MW/677 MWp Hybrid Power Project (IPP) at Bharuch, Gujarat.
 
With the energising of the aforesaid capacity, the company has cumulatively energised 300.8 MWp out of 350 MWp capacity under the said Solar IPP Project and 510.7 MWp out of 677 MWp capacity under the said Hybrid IPP Project, comprising 449.2 MWp of solar and 61.5 MW of wind capacity, KPI Green Energy stated in a regulatory filing.
 
It further added that these projects are being developed by the company as an Independent Power Producer (IPP) under long-term Power Purchase Agreements with Gujarat Urja Vikas Nigam (GUVNL).
 
“The company continues to steadily expand its IPP portfolio, as it simultaneously scales its EPC business. The progressive energisation of capacity under long-term PPAs further strengthens the Company's annuity-based, recurring revenue streams, enhancing earnings visibility and creating sustained long-term value for its stakeholders,” the company said.
 
Under the KP 3.0 strategic roadmap, KP Group is targeting the development of 10 GW of owned IPP capacity by FY32.
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