KPI Green Energy Accelerates IPP Growth With 965 MWp Energized Capacity And Expanding Renewable Portfolio

KPI Green Energy Limited has achieved a major milestone in its journey as an Independent Power Producer by energizing 965 MWp of capacity. This progress is part of its broader 2.17 GWp IPP portfolio, which the company is steadily developing. The shift toward an asset-backed model is aimed at ensuring stable and long-term revenue through Power Purchase Agreements, many of which extend up to 25 years.

The company recently added 376 MWp to its energized capacity. This includes around 182 MWp of solar power from a larger project, along with a hybrid mix of 164 MWp solar and 30 MWp wind power. Most of these projects are linked with Gujarat Urja Vikas Nigam Limited, reflecting a strong and growing partnership in Gujarat’s energy sector.

A key highlight of this progress is the commissioning of a 240 MWp solar project at Khavda Solar Park in January 2026. This made KPI Green one of the early developers to operationalize capacity in the large-scale 1.8 GW solar park. In addition, the company completed a 92.15 MWp hybrid project ahead of its scheduled July 2026 deadline, showcasing its strong execution capabilities and efficient project management.

Work is continuing on several large projects. Under a 350 MWp solar IPP project, 251 MWp has already been energized, and the remaining capacity is expected to be completed by October 2026. Similarly, in a 677 MWp hybrid project, 194 MWp has been energized so far, with full completion also targeted for October 2026. Looking ahead, the company has secured a 150 MW wind project with GUVNL, which has already achieved financial closure and is planned for completion by October 2027.

In addition to solar and wind projects, KPI Green is also moving into advanced energy solutions. Its subsidiary, Sun Drops Energia Limited, has signed an agreement to develop a 445 MW/890 MWh standalone Battery Energy Storage System. This step is expected to support better grid stability and improve the management of renewable energy supply, especially during peak demand periods.

Overall, KPI Green Energy’s steady expansion across solar, wind, and storage projects reflects its growing role in India’s clean energy transition and its focus on building a reliable and diversified renewable energy portfolio.