KPI Green Energy New Orders and Company Overview: A 2026 Growth Update

13, January 2026. By -Kaushik

Introduction to KPI Green Energy Ltd.
​Established in February 2008, KPI Green Energy Limited (formerly known as K.P.I. Global Infrastructure Limited) is the renewable energy vertical of the Surat-based KP Group. Under the visionary leadership of Dr. Faruk G. Patel, the company has grown from a logistics venture into a leading Independent Power Producer (IPP) and Captive Power Producer (CPP) service provider.

New Major Order: The ₹4,000 Crore Gujarat Pact
​In a landmark move on January 12, 2026, KPI Green Energy (the solar and hybrid arm of the KP Group) signed a massive ₹4,000 crore Memorandum of Understanding (MoU) with the Government of Gujarat.
​This agreement, signed during the Vibrant Gujarat Regional Conference, outlines the development of approximately 855 MW of renewable energy capacity. Key highlights of this new order include:
​Capacity Breakdown: A 405 MW standalone solar project, a 200 MW solar project under the Distributed Renewable Energy scheme, and 250 MW of ISTS-connected wind-solar hybrid projects.
​Strategic Impact: The project is expected to create over 4,000 jobs and will be executed in a phased manner across locations like Devbhumi Dwarka and Kutch.
​Government Support: The Gujarat government will facilitate necessary permissions and clearances to ensure timely execution.

Previous Major Orders and Project Highlights
​KPI Green Energy’s growth is backed by a track record of high-value contracts from both government and private sectors. Here is a brief look at their significant previous orders:
​1. International Expansion: The Botswana Project (Dec 2025)
​Just a month prior to the Gujarat deal, the company signed a monumental $4 billion (approx. ₹36,000 crore) MoU with the Government of Botswana. This project aims to add 5 GW of renewable capacity to Botswana’s national grid, marking KPI Green’s aggressive entry into the global market.
​2. Floating Solar Milestone (Dec 2025)
​The company secured a ₹489 crore contract from the Gujarat State Electricity Corporation (GSECL) for a 142 MW DC floating solar project at the Kadana Dam. This project highlights their expertise in specialized solar technologies beyond traditional ground-mounted plants.
​3. Green Hydrogen Entry (Dec 2025)
​Marking its foray into the “fuel of the future,” KPI Green bagged a ₹128 crore order from NTPC to set up a green hydrogen generation project using plasma gasification technology in Greater Noida.
​4. Utility-Scale Contracts (H2 2025)
​SJVN Order: A ₹696.5 crore EPC contract for a 200 MW solar project in Khavda.
​Coal India Contract: A major ₹1,311.40 crore project for a 300 MW solar plant.
​GUVNL PPA: Secured a long-term agreement for 1.2 GW of installation capacity with the Gujarat Urja Vikas Nigam Limited.

Client / Entity Project Value (Approx.) Capacity/Type
Jan 2026 Govt. of Gujarat ₹4,000 Crore 855 MW Solar/Hybrid
Dec 2025 Govt. of Botswana ₹36,000 Crore 5 GW RE Park
Dec 2025 GSECL (Floating Solar) ₹489 Crore 142 MW DC
Dec 2025 NTPC ₹128 Crore Green Hydrogen
Oct 2025 SJVN ₹696.5 Crore

Future Outlook
​With an order book exceeding ₹4,800 crore (as of early FY26) and a massive 5 GW international pipeline, KPI Green Energy is positioned for exponential revenue growth. Their shift toward high-margin hybrid projects and green hydrogen ensures they remain a top pick for investors interested in the ESG (Environmental, Social, and Governance) space.

Disclaimer :

This blog does not provide financial, investment, or trading advice. All content is for educational and informational purposes only. Please consult a certified financial advisor before making any investment decisions. The author will not be responsible for any financial losses incurred.