Inox Wind & KP Energy to Jointly Develop 2.5 GW of Wind Projects Across India
Inox Wind Limited (IWL) and KP Energy Limited (KPE) have entered into an exclusive Memorandum of Understanding (MoU) to jointly develop 2.5 GW of wind and wind-solar hybrid power projects across multiple states in India. IWL will supply Wind Turbine Generators and associated equipment, provide engineering support, and execute pre-commissioning, commissioning and O&M of wind turbine generators. KPE will undertake project development activities, secure connectivity, land and right-of-way, obtain statutory approvals, and execute Balance of Plant and EPC works. This collaboration aims to strengthen the strategic positioning of both organizations, leverage their complementary strengths, and contribute to India’s clean-energy transition.
Key Highlights
- Inox Wind & KP Energy to jointly develop 2.5 GW of wind projects across India
- Inox Wind to supply the wind turbines and provide limited scope wind EPC services
- KP Energy to undertake project development activities and manage O&M for the balance of plant
- Collaboration aims to strengthen strategic positioning and contribute to India’s clean-energy transition
- Companies to combine core competencies for timely, seamless, and high-quality project execution