K.P. Energy Limited Receives LoA For 40.8 MW Wind-Solar Hybrid Project In Gujarat, Expanding Renewable Portfolio

K.P. Energy Limited, an integrated renewable energy solutions provider, has received a Letter of Award from Enerparc Energy Private Limited for the development of a 40.8 MW Wind-Solar Hybrid Power Project in Gujarat. The project will consist of approximately 20.2 MW of wind capacity and 20.6 MW of solar capacity, further strengthening the company’s growing portfolio in hybrid renewable energy development.

Awarded on a turnkey basis, the scope of work for the project includes the supply, installation, and commissioning of the power plant, development of evacuation infrastructure, facilitation of grid connectivity, and obtaining all necessary statutory and regulatory approvals. This mandate reinforces KP Energy’s position as a full-stack renewable energy solutions provider and significantly enhances its execution pipeline in the wind-solar hybrid segment. The project will be executed according to the timelines outlined in the Letter of Award.

Commenting on the development, Faruk G. Patel, Chairman and Managing Director of K.P. Energy Limited, said that the award represents another important milestone for the company as it continues to strengthen its presence in the rapidly growing wind-solar hybrid sector. He emphasized that hybrid projects are key to delivering optimized and reliable renewable power by leveraging the complementary strengths of wind and solar energy. Patel also reiterated the company’s commitment to providing high-quality, end-to-end solutions while contributing to India’s clean energy goals and sustainable growth.

The announcement was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The development aligns with the increasing adoption of hybrid renewable energy projects in India, supporting optimized power generation and the country’s transition to a more sustainable energy mix.