KP Energy

Name

KP Energy

Legal name

KP Energy Limited

Website

https://kpenergy.in

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Wind Energy Infrastructure Services

NAICS

Wind Electric Power Generation (221115)

SIC

Electric Services (4911)

akta.pro primary industry

Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF)

akta.pro secondary industries

Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Substation & Interconnection EPC (Collector/POI Substations, Switchyards) (EUAEADAC)

Keywords

• Wind energy services
• Renewable power projects
• Balance of plant solutions
• Wind farm construction
• Independent power generation

Headquarters

HQ city

Surat

HQ country

India

HQ region

Asia

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPCC (Engineering, Procurement, Construction, Commissioning): Turnkey project execution for wind farm and wind-solar hybrid projects, covering supply, installation, commissioning, evacuation infrastructure, and grid connectivity for third-party clients including IPPs, utilities, and C&I consumers.
2. IPP (Independent Power Producer) Power Generation: Company-owned power generation assets at operational wind farms where KP Energy owns and operates generation capacity, selling power under long-term PPAs.
3. O&M Services: Comprehensive operations and maintenance services for wind farm balance-of-plant infrastructure, providing recurring service revenue.
4. Power Trading: Following receipt of Inter-State Electricity Trading Licence (Category V) from CERC, KP Energy trades electricity across state boundaries through exchange-based and bilateral arrangements.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

KP Energy provides turnkey Engineering, Procurement, Construction and Commissioning (EPCC) of wind energy and wind-solar hybrid power projects, comprehensive Operations and Maintenance (O&M) services for the Balance of Plant (BOP) of wind farms, and Independent Power Producer (IPP) ownership of operational wind generation assets. The company also executes inter-state electricity trading through its CERC Category V licence and develops captive/open-access renewable solutions for Commercial & Industrial consumers across India.

Product overview

KP Energy operates as a renewable energy solutions provider with three integrated business models: EPCC (Engineering, Procurement, Construction & Commissioning) for turnkey wind farm execution, O&M (Operations & Maintenance) for Balance of Plant services, and IPP (Independent Power Producer) for owned power generation assets. The company also develops Wind-Solar Hybrid Projects and holds an Inter-State Electricity Trading Licence (Category V) enabling power trading across India's national electricity markets. Its service portfolio spans wind power projects, hybrid renewable projects, and captive power solutions, supported by NOC-based remote monitoring and predictive maintenance capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• EPCC (Engineering, Procurement, Construction & Commissioning) Turnkey solutions for wind farm projects covering all aspects from inception to completion, including project development, design, engineering, procurement, installation, commissioning, evacuation infrastructure, and grid connectivity. Designed to address the issues that WTG manufacturers, IPPs, and CPPs face when setting up a wind farm.
• O&M (Operations & Maintenance) Comprehensive operations and maintenance services for the Balance of Plant (BOP) section of wind and wind-solar hybrid projects, supporting long-term asset reliability. Supported by Network Operations Center-based remote monitoring and predictive maintenance; current O&M portfolio is 646 MW across CTU and STU projects.
• IPP (Independent Power Producer) Power generation ownership at wind farms developed by KP Energy, where the company owns and operates power generation assets as an Independent Power Producer. Generates recurring revenue through long-term Power Purchase Agreements; ~48.5 MW operational, with ~150 MW pipeline including 100 MW SECI award.
• Wind-Solar Hybrid Projects Combined wind and solar power generation projects utilising complementary generation profiles for more consistent renewable energy output, sharing transmission infrastructure and grid connection points. Includes projects such as 91.4 MW for JK Paper and 40.8 MW for Enerparc Energy.
• Power Trading Services Inter-state electricity trading services authorised by CERC Category V licence, enabling KP Energy to trade electricity across state boundaries and participate in national power exchanges, exchange-led markets, and short-term bilateral arrangements.

Quantifiable outcome

• Revenue growth: 57% YoY to ₹1,505 crore in FY26
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Suzlon (Suzlon Wind Turbine Generators)coreTechnology or Integration · 8 July 2026Suzlon supplied 16 wind turbine generators of 3.15 MW each for the 50.4 MW NTPC Renewable Energy project commissioned by KP Energy at Vanki, Kutch district, Gujarat. Suzlon is a key turbine technology partner for KP Energy's EPCC projects.
• NTPC Renewable Energy LimitedcoreChannel Partner/ Reseller/ Distributor · 8 July 2026KP Energy commissioned a 50.4 MW wind power project for NTPC Renewable Energy at Vanki, Kutch district, Gujarat (16 Suzlon 3.15 MW turbines). Commercial Operation Date achieved July 8, 2026. This reinforces KP Energy's utility-scale wind energy portfolio.
• JK Paper LimitedcoreStrategic or Co-development Partner · 30 March 2026KP Energy received a Letter of Award from JK Paper Limited for the development of a 91.4 MW wind-solar hybrid power project in Gujarat on a complete turnkey basis, covering engineering, procurement, installation, commissioning, evacuation infrastructure, grid connectivity, and O&M.
• Enerparc Energy Private LimitedcoreStrategic or Co-development Partner · 6 March 2026KP Energy received a Letter of Award from Enerparc Energy to develop a 40.8 MW wind-solar hybrid power project in Gujarat (20.2 MW wind + 20.6 MW solar) on a complete turnkey basis. This project supports KP Energy's target of adding 100 MW of IPP capacity by 2027-28.
• Solar Energy Corporation of India (SECI)coreChannel Partner/ Reseller/ Distributor · 11 February 2026KP Energy received a Letter of Award from SECI for developing a 100 MW ISTS-connected wind power project under the Independent Power Producer segment in Gujarat through tariff-based competitive bidding (SECI Tranche XIX). Upon completion, the IPP portfolio increases to ~150 MW.
• Inox Renewable Solutions LimitedcoreChannel Partner/ Reseller/ Distributor · 29 January 2026KP Energy secured a turnkey order from Inox Renewable Solutions Limited to develop a 99 MW wind power project in Bhuj, Gujarat. The project strengthens KP Energy's presence in India's renewable energy segment.
• Government of GujaratcoreStrategic or Co-development Partner · 13 January 2026KP Group signed a Memorandum of Understanding with the Government of Gujarat at the Vibrant Gujarat Regional Conference in Rajkot to develop renewable energy projects worth approximately ₹4,000 crore (~855 MW of solar and wind-solar hybrid projects across Devbhumi Dwarka and Kutch districts). Expected to generate over 4,000 jobs.
• Government of BotswanaminorStrategic or Co-development Partner · 4 January 2026KP Group signed an MoU with the Government of Botswana to jointly develop large-scale renewable energy and transmission infrastructure projects with an estimated investment of USD 4 billion (~5 GW capacity). KP Group will also provide 30 annual scholarships for Botswana citizens to study renewable energy and engineering, while expanding its own manufacturing capabilities with a new fabrication facility in Gujarat. This marks KP Group's international expansion into the African market.
• Inox WindcoreStrategic or Co-development Partner · 19 November 2025Inox Wind and KP Energy entered into an agreement to jointly develop 2.5 GW of wind-solar hybrid projects across multiple Indian states. Inox Wind supplies turbine equipment and provides engineering support, while KP Energy handles project development activities including land acquisition, statutory approvals, and construction. This is a flagship co-development partnership for large-scale hybrid project deployment.
• Senvion IndiacoreTechnology or Integration · 1 January 2025KP Energy ordered 20 units of Senvion India's 4.2M160 wind turbines (160-metre rotor, optimized for low wind conditions, over 85% Make in India localization) for a hybrid power project in Bharuch district, Gujarat. This represents one of the first commercial deployments of this turbine model in India.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Vikram Solar: Indian solar EPC and module manufacturer with growing IPP presence. Comparable as an integrated solar/wind EPC and IPP, with particular overlap in the wind-solar hybrid segment that KP Energy is targeting.

Direct peers

• Inox Wind: Indian wind turbine manufacturer and IPP. Co-development partner with KP Energy on 2.5 GW of wind-solar hybrid projects and a key customer (Inox Renewable Solutions). Directly comparable in wind project execution and turbine procurement dynamics.
• Orient Green Power: Pure-play wind and biomass IPP in India. Comparable in size and business model focus on wind power generation, with a smaller operational portfolio than KP Energy but similar end-customer profile.
• Suzlon Energy: India's largest wind turbine manufacturer with own IPP operations. Primary turbine supplier to KP Energy (e.g., 16x3.15 MW units for NTPC Renewable project). Competes in wind IPP and EPC markets across India.
• KPI Green Energy: Sister company within KP Group focused on solar and hybrid IPP/EPCC. Closely comparable business model within the same conglomerate, with FY26 revenue of Rs 2,742 crore and overlapping customer base in wind-solar hybrid projects.
• Jindal Renewables: Indian renewable energy developer with wind, solar, and hybrid IPP operations. Directly comparable mid-sized player competing in similar SECI/state tenders and targeting C&I customers for captive renewable supply.

Broad incumbents

• Greenko Group: Large Indian renewable IPP with wind, solar, and pumped-storage hydro assets. Overlaps with KP Energy in wind-solar hybrid development and is an active bidder in SECI/state utility tenders.
• Adani Green Energy: Largest renewable IPP in India with a multi-GW portfolio across solar, wind, and hybrid. Operates at significantly larger scale than KP Energy and represents the dominant incumbent in utility-scale wind and hybrid bidding.
• Tata Power Renewables: Renewable energy arm of Tata Group with utility-scale wind, solar, and hybrid projects. Competes for SECI and state utility tenders, and offers integrated IPP-plus-EPC capabilities similar to KP Energy's model but at much larger scale.
• ReNew Power: One of India's largest renewable IPPs with utility-scale wind and solar assets. Competes in similar SECI/state utility auctions and hybrid project tenders, but at significantly larger scale and with broader geographic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/KPENERGY
• LinkedInlinkedin.com/company/kp-energy

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Energy