KP Group
KP Group is an Indian privately-held renewable energy conglomerate that develops, constructs, and operates utility-scale solar, wind, and hybrid power projects across India and Botswana through three listed subsidiaries (KPI Green Energy, K.P. Energy, KP Green Engineering), serving state government utilities and IPP offtakers under long-term PPAs.
- Company typePrivate
- Founded1994
- HeadquartersSurat, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What KP Group does
KP Group is an Indian privately-held renewable energy conglomerate established in 1994 and headquartered in Surat, Gujarat. Through three core operating subsidiaries — KPI Green Energy Limited, K.P. Energy Limited, and KP Green Engineering Limited — alongside the KP Human Development Foundation, the group develops, constructs, and operates utility-scale solar, wind, and hybrid power projects. As of FY2025-26 the combined renewable energy portfolio stood at 8.52 GW (over 1 GW energised), with a stated target of 10 GW by 2030 and international expansion into Botswana via a $4 billion, 5 GW MoU.
The group's technology stack centres on utility-scale renewable generation assets: solar PV installations, wind energy systems, and solar-wind hybrid configurations, supported by indigenous manufacturing capabilities demonstrated through India's first 4.2 MW wind turbine generator (4.2M160) manufactured by Senvion India with 85%+ localisation and ALMM inclusion in December 2025. KP Green Engineering provides EPC and O&M services with a ₹1,831 crore order book, while a 5 GW O&M MoU with Inox Green Energy Services extends the operational layer. Capital structure innovation is underway via a planned renewable energy-backed InvIT targeting 80–100 billion rupees by FY27-28 and a prior 6.7 billion rupee green bond guaranteed by GuarantCo.
KP Group monetises primarily through long-term Power Purchase Agreements (PPAs) with state-backed utilities such as Gujarat Urja Vikas Nigam and SJVN, supplemented by EPC services revenue and government MoU-driven project development. Combined FY26 revenue reached ₹5,498 crore (~$660 million) with ₹826 crore combined PAT, growing 56–78% YoY across subsidiaries. The go-to-market is enterprise field sales targeting government utilities, complemented by strategic partnerships (Delta Electronics for storage/EV charging, Inox Green for O&M, PP Savani University for talent) and brand-building sponsorships (IPL Delhi Capitals 2026–2028).
KP Group firmographics
Firmographics- Name
- KP Group
- Legal name
- KP Group
- Website
- https://kpgroup.co
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- KP Group is an Indian privately-held renewable energy conglomerate that develops, constructs, and operates utility-scale solar, wind, and hybrid power projects across India and Botswana through three listed subsidiaries (KPI Green Energy, K.P. Energy, KP Green Engineering), serving state government utilities and IPP offtakers under long-term PPAs.
- Ownership category
- akta.pro rank
KP Group industry classification
Industry- Product category
- Renewable Energy
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211), Utilities (22)
- SIC
- Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Auxiliary Systems EPC (Station Service, HVAC, Fire Protection, Security) (EUAEADAK)
Keywords
Where KP Group is headquartered
LocationHeadquarters
- HQ city
- Surat
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
KP Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Supply Chain, Technology or R&D, Personnel
Revenue model
- Renewable Energy Power Generation: KP Group operates as an Independent Power Producer (IPP) generating revenue through long-term Power Purchase Agreements (PPAs) with state-backed utilities. KPI Green Energy posted FY26 revenue of ₹2,742 crore with PAT of ₹509 crore, KP Energy posted ₹1,506 crore with PAT of ₹181 crore. Combined renewable portfolio of 8.52 GW with over 1 GW already energised.
- Engineering and Construction Services: KP Green Engineering provides EPC (Engineering, Procurement, Construction) and O&M services, posting FY26 revenue of ₹1,250 crore with PAT of ₹136 crore and order book of ₹1,831 crore. Services include project execution, cable infrastructure, and construction services for power projects.
- Infrastructure Investment Trust (InvIT): KPI Green Energy is planning to launch a renewable energy-backed InvIT targeting an initial raise of 80-100 billion rupees ($838 million-$1.05 billion) by end of FY27-28. The trust will hold 1.5-2 GW of operational solar, wind, and hybrid power projects with long-term PPAs.
- Green Bonds: KPI Green Energy raised 6.7 billion rupees via a green bond last year with GuarantCo's guarantee, broadening its capital base for clean energy development.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
KP Group product offering
Product offeringCore offering
KP Group is an integrated renewable energy group that develops, constructs, and operates utility-scale solar, wind, and hybrid power projects through long-term Power Purchase Agreements (PPAs) with state-backed utilities, while also providing EPC (engineering, procurement, and construction) and O&M services through its subsidiaries. The group has a combined portfolio of 8.52 GW targeting 10 GW by 2030, with operations spanning India and Botswana.
Product overview
KP Group operates as an integrated renewable energy and clean-tech group with three main subsidiaries: KPI Green Energy (focused on power generation and InvIT operations), K.P. Energy Limited (infrastructure development and project execution), and KP Green Engineering (EPC and engineering services). The group has a combined renewable energy portfolio of 8.52 GW with a target of 10 GW by 2030, operating across solar, wind, hybrid, and green hydrogen projects. Combined revenue across subsidiaries reached approximately ₹5.5 billion in FY2025-26.
Differentiator
Problem solved
Functional benefit
Products and services
- Renewable Energy Power Generation (IPP)
- EPC and Engineering Services
- Operations and Maintenance (O&M) Services
Quantifiable outcome
- Revenue growth of 56% YoY for KPI Green Energy (₹2,742 crore), 57% for KP Energy (₹1,506 crore), 78% for KP Green Engineering (₹1,250 crore)
- +3 more outcomes
Companies that use KP Group
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
KP Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
KP Group partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor, core and flagship.
- PP Savani UniversityminorKP Human Development Foundation partnered with PP Savani University for 'Urja Noor' Scholarship Programme supporting 92+ underprivileged students in renewable energy education. Includes 30 scholarships for Botswana students as part of the Botswana partnership.
- Government of GujaratcoreKP Group signed ₹4,000 crore MoU with Gujarat government at Vibrant Gujarat Regional Conference for 855 MW renewable energy projects (200 MW solar, 405 MW solar, 100 MW wind-solar hybrid, 150 MW wind-solar hybrid) in Devbhumi Dwarka and Kutch districts, expected to generate 4,000+ jobs.
- Government of BotswanaflagshipKP Group signed MoU with Botswana government to develop 5 GW of renewable energy capacity with $4 billion investment over five years. Partnership aims to help Botswana achieve net-zero emissions by 2030, create 7,000+ jobs, and provide solar electricity to 100,000 homes. Includes high-voltage transmission upgrades and 30 annual scholarships for Botswana citizens in renewable energy disciplines.
- Inox Green Energy Services Ltd.coreStrategic partnership through MoUs with KP Group companies for operations and maintenance services for 5 GW of renewable projects (2.5 GW wind and 2.5 GW solar). Inox Green manages approximately 12.5 GW of renewable assets as part of INOXGFL Group.
- Delta Electronics IndiacoreDelta Electronics India signed three MoUs with KP Group to jointly advance clean energy innovations in solar, storage, and EV charging, targeting around 40% year-on-year growth in the EV segment. Delta operates manufacturing facilities in Rudrapur, Gurgaon, and Krishnagiri with R&D centres in Gurgaon and Bengaluru.
- Delhi CapitalsminorKP Group joined Delhi Capitals as associate sponsor for IPL seasons 2026 to 2028, undertaken by KPI Green Energy, K.P. Energy, and KP Green Engineering. Sponsorship aims to leverage IPL's cultural influence to promote renewable energy vision.
- Desco Infratech LimitedminorDesco Infratech Limited completed 9,150-meter underground power infrastructure project for KP Group in Hansot, Gujarat using HDD-based cable laying, HDPE pipe installation, cable jointing, OFC cable laying, testing, and commissioning.
- Senvion IndiacoreSenvion India manufactured India's first 4.2 MW wind turbine generator (4.2M160) for KP Group, part of Senvion's 4XM platform with 160-metre rotor diameter and 85%+ localisation. Included in ALMM in December 2025.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
KP Group competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
KP Group social profiles
Digital presenceKP Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
KP Group leadership team
Management profileNumber of profiles
Profiles2 records
KP Group subsidiaries and ownership
Company hierarchySubsidiaries4 records
KP Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
KP Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about KP Group
What does KP Group do?
KP Group is an integrated renewable energy group that develops, constructs, and operates utility-scale solar, wind, and hybrid power projects through long-term Power Purchase Agreements (PPAs) with state-backed utilities, while also providing EPC (engineering, procurement, and construction) and O&M services through its subsidiaries. The group has a combined portfolio of 8.52 GW targeting 10 GW by 2030, with operations spanning India and Botswana.
Is KP Group a public or private company?
KP Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was KP Group founded?
KP Group was founded in 1994. It employs 1,001 to 5,000 people.
Where is KP Group based?
KP Group is headquartered in Surat, India, in the Asia region.
How does KP Group make money?
Four revenue lines are on record. Renewable Energy Power Generation is the primary driver. The others are engineering and Construction Services, infrastructure Investment Trust (InvIT) and green Bonds.
Does KP Group have an API?
No public API is recorded for KP Group.
What industry is KP Group in?
KP Group's product category is Renewable Energy. Its primary akta.pro industry code is EUAEADAK, Auxiliary Systems EPC (Station Service, HVAC, Fire Protection, Security). Its NAICS code is 221114 and its SIC code is 4911.