KP Group has signed a Memorandum of Understanding (MoU) with the Government of the Republic of Botswana to collaborate on the development of large-scale renewable energy generation, energy storage and transmission infrastructure with capital investment of around $4 billion (INR 36,000 crore). Overall, it plans to set up 5 GW renewable energy capacity in Botswana.
The MoU was signed between Botswana’s Ministry of Minerals and Energy and KP Group, which comprises KPI Green Energy, KP Energy, and KP Green Engineering.
The collaboration envisages the upgrading and construction of high-voltage transmission lines within Botswana, as well as strengthening interconnections with neighbouring countries to enable regional power transmission.
Moreover, as part of this collaboration, KP Group will support 30 scholarships per annum for citizens of Botswana to pursue education and skill development in areas related to renewable energy, engineering, sustainability, and allied disciplines.
As part of the understanding, KP Group will lead technical and commercial development activities, including feasibility studies, project design, financing, construction, commissioning, and long-term operation and maintenance of the renewable energy and storage assets.
KP Group currently holds a 6 GW renewable energy portfolio in India and targets 10 GW by 2030. Beyond renewable power generation, the Group has ventured into emerging green energy domains, including green hydrogen and ammonia, battery energy storage systems, as well as offshore and floating solar solutions. KP Group also operates a state-of-the-art fabrication and galvanizing facility spread across 45 acres in Matar, housing Asia’s largest galvanizing kettle.
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