KP Group has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat for the development of 855 MW of renewable energy projects in the state. Under the MoU, KP Group proposes to establish solar power projects and interstate transmission system (ISTS)–connected wind–solar hybrid power projects across multiple locations in Gujarat, including Devbhumi Dwarka and Kutch (Bhuj).
The proposed projects under the MoU include 605 MW of solar power capacity and 250 MW of ISTS-connected wind–solar hybrid power capacity. The total proposed investment for these projects is approximately INR 4,000 crore, with an estimated employment generation of over 4,000 jobs.
The projects are expected to be implemented in a phased manner, subject to the receipt of applicable statutory approvals and clearances. As per the MoU, the Government of Gujarat will facilitate KP Group in obtaining the necessary permissions, registrations, approvals, and clearances from the relevant state authorities, in accordance with applicable policies, rules, and regulations.
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