KP Group

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).

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

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

• Renewable energy generation
• Wind power solutions
• Solar power projects
• EPC services
• Hybrid energy systems

Headquarters

HQ city

Surat

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Technology or R&D, Personnel

Revenue model

1. 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.
2. 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.
3. 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.
4. 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

Core 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

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered minor, core and flagship.

• PP Savani UniversityminorStrategic or Co-development Partner · 27 March 2026KP 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 GujaratcoreStrategic or Co-development Partner · 12 January 2026KP 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 BotswanaflagshipStrategic or Co-development Partner · 1 December 2025KP 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.coreImplementation/ SI/ Consulting Partner · 19 November 2025Strategic 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 IndiacoreTechnology or Integration · 1 January 2025Delta 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 CapitalsminorGTM or Marketing PartnerKP 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 LimitedminorImplementation/ SI/ Consulting PartnerDesco 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 IndiacoreTechnology or IntegrationSenvion 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

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kpgroupgujarat

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KP Group