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KPI Green Energy has entered into a pact with the government of Gujarat for the development of renewable energy projects worth ₹4,000 crore. The agreement was signed on January 12, 2026, as part of the Vibrant Gujarat Regional Conference, marking a significant step in the company’s renewable energy expansion plans in the state.
Under the agreement, the proposed projects will involve the development of renewable energy capacity across multiple locations in Gujarat. The projects are expected to be implemented in a phased manner, subject to receipt of necessary statutory approvals and clearances, with the state government facilitating required permissions in line with applicable policies and regulations.
The pact reinforces KPI Green Energy’s focus on scaling up its renewable energy portfolio and strengthening its presence in Gujarat’s clean energy ecosystem. The projects are aligned with broader efforts to support sustainable development and the transition towards renewable energy.
Earlier, on January 12, 2026, KP Green Engineering won ₹819-crore orders from BSNL under the 4G Saturation Project, covering Maharashtra, Goa, Jammu & Kashmir, Ladakh, Uttarakhand and Himachal Pradesh. Following the announcement, the stock was down 4%.
Also read: KP Green Engineering wins ₹819 crore BSNL orders, stock down 4%
In December 2025, KPI Green Energy signed a $4-billion memorandum of understanding with the government of Botswana for renewable energy projects. The collaboration involves a capital investment of around ₹36,000 crore and is expected to increase Botswana’s renewable energy capacity to nearly 5GW.
Also read: KPI Green Energy signs $4-billion MoU with Botswana for renewable energy projects
On the stock market front, shares of KPI Green Energy Limited closed lower on the NSE. The stock ended at ₹445.45 on January 12, down ₹1.55 or 0.35%.
Under the agreement, the proposed projects will involve the development of renewable energy capacity across multiple locations in Gujarat. The projects are expected to be implemented in a phased manner, subject to receipt of necessary statutory approvals and clearances, with the state government facilitating required permissions in line with applicable policies and regulations.
The pact reinforces KPI Green Energy’s focus on scaling up its renewable energy portfolio and strengthening its presence in Gujarat’s clean energy ecosystem. The projects are aligned with broader efforts to support sustainable development and the transition towards renewable energy.
Earlier, on January 12, 2026, KP Green Engineering won ₹819-crore orders from BSNL under the 4G Saturation Project, covering Maharashtra, Goa, Jammu & Kashmir, Ladakh, Uttarakhand and Himachal Pradesh. Following the announcement, the stock was down 4%.
Also read: KP Green Engineering wins ₹819 crore BSNL orders, stock down 4%
In December 2025, KPI Green Energy signed a $4-billion memorandum of understanding with the government of Botswana for renewable energy projects. The collaboration involves a capital investment of around ₹36,000 crore and is expected to increase Botswana’s renewable energy capacity to nearly 5GW.
Also read: KPI Green Energy signs $4-billion MoU with Botswana for renewable energy projects
On the stock market front, shares of KPI Green Energy Limited closed lower on the NSE. The stock ended at ₹445.45 on January 12, down ₹1.55 or 0.35%.
