KPI Green Energy Share Price in Focus; Updates on 2.57 GWp IPP Portfolio Progress

On August 28, 2026, KPI Green Energy announced the progress of its 2.57 GWp Independent Power Producer (IPP) portfolio.  

As of August 28, 2026, the company has energised 1.16 GWp, with the remaining 1.41 GWp actively under execution, reinforcing its asset-backed IPP model, as per the exchange filings. 

Khavda Solar Project and Hybrid Initiatives 

The company has successfully commissioned its 200 MW/240 MWp solar IPP project at Khavda Solar Park, connecting it under a long-term Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL).  

Additionally, KPI Green achieved early grid synchronisation for its 50 MW/92.15 MWp hybrid project, which includes 16.95 MW wind and 75.2 MWp solar capacity, also under a long-term PPA with GUVNL. 

Solar and Hybrid Renewable Energy IPP Projects 

In October 2024, KPI Green executed two PPAs with GUVNL. The 250 MW/350 MWp solar project has seen 180.70 MW/251.13 MWp commissioned, with the rest under execution.  

The 370 MW/677 MWp hybrid project has reached 269.70 MW/389.70 MWp energisation, with more capacity in progress. 

Wind and Battery Energy Storage Projects 

The 150 MW wind project has achieved financial closure, while a 300 MW wind IPP project is in the PPA signing phase. Sun Drops Energia Limited, a KPI Green subsidiary, has executed Battery Energy Storage Purchase Agreements for 565 MW/1,130 MWh of standalone battery systems with GUVNL, highlighting KPI Green's growing presence in energy storage. 

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About KP Group 

Established in 1994 by Dr. Faruk G. Patel, KP Group has expanded into a multifaceted conglomerate with expertise in renewable energy and infrastructure. The group has been instrumental in India's green energy mission, focusing on wind, solar, hybrid energy, and green hydrogen projects. 

KPI Green Energy Share Price Performance 

As of August 28, 2026, at 3:30 PM, KPI Green Energy share price on NSE was closed at ₹314.25, down by 0.76% from the previous closing price. 

Conclusion 

KPI Green Energy's 2.57 GWp IPP portfolio includes 1.16 GWp energised and 1.41 GWp under execution. Key projects involve solar, hybrid, wind, and battery storage systems, underlining the company's strategic focus on renewable energy. 

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