KP Group Signs MoU with Government of Gujarat for Development of Renewable Energy Projects worth INR 4000 Cr

KP Group has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat for the development of renewable energy projects in the State of Gujarat. The MoU was signed on January 12, 2026, at Marwadi University, Rajkot, as part of the Vibrant Gujarat Regional Conference — Investment Promotion Activity. Under the MoU, KP Group proposes to establish renewable energy projects with an aggregate capacity of approximately 855 MW, comprising solar power projects and ISTS-connected wind— solar hybrid power projects, across multiple locations in Gujarat, including Devbhumi Dwarka and Kutch (Bhuj). The total proposed investment for these projects is approximately 4,000 crore, with an estimated employment generation of over 4,000. The proposed projects are expected to be implemented in a phased manner, subject to receipt of applicable statutory approvals and clearances.