KPI Green Energy, Inox Solar partner for 2.5 GW solar development
KPI Green Energy Limited (KPI) and Inox Solar Limited (ISL), part of the INOXGFL Group, have signed a memorandum of understanding (MoU) to jointly develop 2.5 GW of solar and hybrid renewable energy projects across multiple Indian states. This partnership leverages KPI's expertise in project development, including securing approvals, land acquisition, and EPC works, along with providing steel structures and operations and maintenance services.
Inox Solar will contribute by supplying solar modules for these projects, ensuring an integrated approach to efficient and high-quality execution. The collaboration aims to strengthen both companies' positions in the renewable energy value chain, with KPI gaining access to ISL's advanced solar PV modules and ISL benefiting from KPI's proven development and execution track record.
This strategic alliance, announced on November 19, 2025, aligns with India's clean-energy transition goals and national renewable energy targets. Dr. Faruk G. Patel, chairman and managing director of KPI, highlighted the partnership's role in building large-scale, integrated renewable energy assets, while Kailash Tarachandani, group CEO renewables at INOXGFL Group, emphasized the synergy of engineering depth and development prowess.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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