KPI Green Energy Ltd and Inox Solar Ltd sign MoU to Jointly Develop 2.5 GW of Solar Projects
KPI has entered into a MoU with Inox Solar Limited, 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.
Surat, November 19, 2025: KPI Green Energy Limited (KPI) has entered into a Memorandum of Understanding (MoU) with Inox Solar Limited, 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 EPC and Balance of Plant (BOP) works. KPI will also supply steel structures (solar MMS) and provide O&M services. ISL will supply solar modules to the project site and will also undertake pre-commissioning, commissioning and O&M of the solar modules. 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, 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.”