KPI Green Signs MoU with Government of Gujarat to Develop Hydrogen and EV Fuel Stations Across the State

KP Group, a leading renewable energy and infrastructure company from Gujarat, has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat to establish Hydrogen and Electric Vehicle (EV) fuel stations across the state. The announcement was made during the Vibrant Gujarat Regional Conference 2025 held at Ganpat University, Mehsana.

KP Group’s ₹8,000 Crore Investment to Boost Green Mobility

On October 9, 2025, KP Group signed the MoU with the Energy & Petrochemicals Department, Government of Gujarat, in the presence of Chief Minister Shri Bhupendrabhai Patel. The agreement outlines an investment of ₹8,000 crore for developing a state-wide network of Hydrogen and EV fuel stations. This initiative is expected to generate around 1,000 employment opportunities while promoting Gujarat’s shift towards low-carbon and sustainable transportation solutions.

The project will play a crucial role in enabling public transport, private vehicles, and industries to transition confidently towards clean energy alternatives. It will also position Gujarat as a leader in India’s emerging green energy and e-mobility sectors.

Government Support and Strategic Vision

Under the MoU, the Government of Gujarat will assist KP Group in securing necessary permissions, registrations, and clearances in line with state policies. This facilitation will ensure timely and efficient project implementation across multiple districts. The collaboration highlights Gujarat’s continued leadership in clean energy development and its commitment to achieving sustainability goals.

Read More: KPI Green Energy Secures 100 MW Solar Power Project Orders Under CPP Segment!

KP Group’s Commitment to Renewable Energy

Founded in 1994 by Dr Faruk G. Patel, KP Group has established itself as a pioneer in renewable energy and infrastructure development. With more than 30 years of experience, the group has successfully executed large-scale wind and solar power projects that contribute significantly to India’s green energy mission. The latest initiative aligns with its long-term vision of supporting sustainable mobility and reducing the nation’s carbon footprint.

KPI Green Energy Share Price Performance

On October 10, 2025, KPI Green Energy share price opened at ₹423.40 on NSE, above the previous close of ₹421.80. During the day, it surged to ₹449.00 and dipped to ₹423.40. The stock is trading at ₹442.60 as of 1:43 PM. The stock registered a significant gain of 4.93%.

Over the past week, it has declined by 0.09%, over the past month, it has declined by 8.24%, and over the past 3 months, it has declined by 17.07%.

Conclusion

KP Group’s partnership with the Government of Gujarat marks a major milestone in advancing India’s renewable energy landscape. With a ₹8,000 crore investment and 1,000 new jobs on the horizon, this initiative underscores the group’s role in driving innovation, clean mobility, and sustainable infrastructure growth across Gujarat.

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