Last Updated on November 19, 2025 by Author
KPI Green Energy Limited (“KPI”), a leading renewable power producer specialising in solar and hybrid renewable energy projects, has entered into a Memorandum of Understanding (MoU) with Inox Solar Limited (ISL), part of the INOXGFL Group, a leading renewable energy equipment manufacturer and solutions provider recognised for its capabilities in designing, manufacturing and supplying solar modules.
The MoU establish a strategic partnership aimed at jointly developing 2.5 GW of Solar and Hybrid renewable energy projects across multiple states in India.
Under the MoU, KPI will undertake project development, which includes securing connectivity approvals, land acquisition, right of-way (ROW) management, statutory approvals, and executing Engineering Procurement and Construction (EPC) works. KPI will also supply steel structures (solar MMS) and provide Operation & Maintenance (O&M) services for the projects. ISL will supply solar modules for the projects. This integrated approach enables both organisations to leverage their respective strengths to ensure efficient and high-quality project execution.
This collaboration is expected to strengthen the strategic positioning of both organisations across the renewable energy value chain. KPI will gain from assured access to ISL’s advanced solar PV modules, enhancing its capability to deliver integrated renewable energy assets, while ISL will benefit from KPI’s proven development expertise and strong execution track record. Together, both companies aim to accelerate India’s renewable energy growth by delivering large-scale solar and hybrid projects with enhanced operational efficiency.
Dr. Faruk G. Patel, Chairman and Managing Director, KPI, said, “This partnership underscores KPI’s commitment to building large-scale, integrated renewable energy assets across India. By combining our strong development capabilities, EPC expertise and proven execution framework with Inox Solar’s robust Solar Technology and manufacturing strengths, we are establishing a powerful platform for delivering high-quality solar and hybrid energy projects. This MoU aligns with our vision of accelerating India’s clean-energy transition and supporting national renewable energy goals.”
Mr. Kailash Tarachandani, Group CEO Renewables, INOXGFL Group, said, “Inox Solar is pleased to partner with KPI Green Energy, an organisation with strong execution capabilities and a successful track record in renewable project development. The synergy between Inox Solar’s engineering depth, manufacturing excellence and product reliability, and KPI’s on-ground development prowess positions both companies to undertake large-scale renewable projects with confidence. Through this collaboration, we aim to deliver integrated, efficient and scalable cleanenergy solutions across India.”
