- Business
- K.P. Energy Limited (KPEL.BO), founded in 2010 and headquartered in Surat, Gujarat, India, serves as Gujarat's leading provider of Balance of Plant (BOP) solutions for utility-scale wind and wind-solar hybrid power projects; it offers comprehensive turnkey engineering, procurement, construction, and commissioning (EPCC) services encompassing site identification, land preparation, civil construction, erection, power evacuation infrastructure, and pooling substations; operations and maintenance (O&M) for BOP assets through its wholly owned subsidiary KP Energy OMS Limited, managing a 600+ MW portfolio; technical and project management consultancy including wind resource assessments and feasibility studies; and owns and operates 48.5 MW of independent power producer (IPP) assets comprising 37 MW wind and 11.5 MW solar capacity. The company has energized over 1.07 GW of wind projects across challenging terrains in India, with 2.22 GW more in the pipeline, primarily targeting developers, captive consumers, and utilities in the renewable energy sector. In recent developments, KP Energy listed directly on the NSE main board in November 2024, enhancing its capital access; secured 1003.7 MW of renewable energy EPCC projects from KPI Green Energy through GUVNL tenders; commissioned a 25.8 MW wind project at Vagra, Bharuch; entered strategic partnerships via KP Group including agreements with Jeonbuk Province (South Korea), GH2 Solar Ltd, and AHES Co Ltd for green hydrogen exploration, technology sharing, and large-scale projects; and received awards such as Outstanding Company in Renewable Energy EPC and Company of the Year at India Wind Energy Forum.