Under the MoU, both the company will jointly develop 2.5 GW of wind and wind-solar hybrid power projects across multiple states in India.
KPE will undertake project development activities such as securing connectivity, land and right-of-way, obtaining statutory approvals, and executing balance of plant and engineering, procurement, and construction (EPC) works. KPE will also manage operations & maintenance (O&M) of balance of plant of the project. IWL will supply wind turbine generators and associated equipment, provide engineering support including USS design, transformer specifications, and foundation design, and will execute pre-commissioning, commissioning and O&M of wind turbine generators.
Faruk G. Patel, founder and MD, KPE, said, “KPE is committed to advancing large-scale renewable energy infrastructure, and this partnership with INOX marks a significant strategic step in that direction. By combining KPE’s depth of experience in project development, statutory planning and balance-of-plant execution with IWL’s proven manufacturing and engineering capabilities, we are establishing a robust collaborative platform capable of delivering complex wind and hybrid assets at scale.
This MoU reinforces our long-term objective of building reliable, integrated clean-energy solutions and strengthens our ability to contribute effectively to India’s national renewable energy goals.”
Kailash Tarachandani, group CEO renewables, INOXGFL Group, said, “Inox Wind’s partnership with KP Energy is a collaboration of two renewable industry leaders, capitalizing on the strong product, ground-level execution and project-development excellence of the two companies. The synergies between Inox Wind’s manufacturing excellence, engineering depth and product reliability, and KPE’s extensive on-ground development experience enables both companies to pursue large-scale renewable opportunities with greater confidence and operational strength. “
K.P. Energy is primarily engaged in providing balance of plant (BOP) solutions in the wind energy sector. The company offers comprehensive, turnkey solutions for utility-scale wind and wind-solar hybrid power projects.
Inox Wind (IWL) is India’s leading wind energy solutions provider servicing IPPs, utilities, PSUs & corporate investors. IWL is a fully integrated player in the wind energy market with four manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh, where blades, tubular towers, as well as hubs & nacelles are manufactured.
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