KP Group and Fabtech Group have signed a Memorandum of Understanding (MoU) to collaborate on developing life sciences projects powered by renewable energy. The agreement covers projects across regions, with KP Group supplying clean energy to Fabtech’s conventional and stick-built facilities.
The partnership involves using solar, wind, hybrid, Battery Energy Storage System (BESS), and green hydrogen solutions. These systems will be integrated into Fabtech’s pharmaceutical, biotech, and healthcare projects. The focus is on lowering carbon emissions and building infrastructure that operates on renewable energy.
Both companies will work on pilot and demonstration projects to test renewable-powered operations. Once completed, they will consider commercial expansion based on results. The plan includes identifying opportunities for large-scale deployment of renewable-based systems in the life sciences sector.
The agreement includes plans to explore projects in India, the Middle East, and Africa. The two groups will jointly assess and execute renewable energy projects in these regions, focusing on sustainable industrial and healthcare infrastructure.
Founded in 1994, KP Group works in renewable energy areas such as solar, wind, hybrid, BESS, and green hydrogen. The company has undertaken projects contributing to India’s renewable energy capacity and supports the development of clean energy systems across industries.
Fabtech Group operates in the life sciences, healthcare, and advanced technology sectors, providing turnkey solutions and cleanroom infrastructure. The company has a presence across the MENA and GCC regions and focuses on industrial and technology-driven facilities.
Read more: KP Group Signs Green Hydrogen MoU with South Korea’s Jeonbuk Province!
As of 10:19 AM on October 29, 2025, KPI Green Energy share price is trading at ₹519, a 0.76% decline from the previous closing price.
The partnership between KP Group and Fabtech Group plans to combine renewable energy systems with industrial and healthcare infrastructure projects. It is intended to promote the use of clean energy in large-scale operations across multiple regions.
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Published on: Oct 29, 2025, 11:17 AM IST
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