New Delhi: KP Group has signed a Memorandum of Understanding (MoU) with the government of Gujarat to invest Rs 8,000 crore for setting up hydrogen and electric vehicle (EV) fuel stations across the state. The agreement was inked at the first Vibrant Gujarat Regional Conference (VGRC) for North Gujarat held in Mehsana, in the presence of Chief Minister Bhupendra Patel, Finance Minister Kanubhai Desai and Union Minister for New & Renewable Energy Pralhad Joshi.
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The MoU was signed by Affan Patel, Director, KP Group, and Bhakti Shamal, Joint Secretary, Energy and Petrochemicals Department, said KP Group in a statement on Monday.
As part of the agreement, the state government will facilitate necessary permissions and clearances under its existing energy policies. The project, which will commence in 2026, is expected to create around 1,000 jobs and strengthen Gujarat’s e-mobility and green hydrogen ecosystem.
Commenting on the partnership, Dr Faruk G Patel, Chairman and Managing Director, KP Group, said: “At KP Group, we have always believed in contributing to a cleaner, greener, and more self-reliant Gujarat. We are rapidly scaling our renewable energy capacity, but we also want to grow in emerging areas like hydrogen and EV. This MoU for setting up hydrogen and EV fuel stations across the state reflects our commitment to building sustainable infrastructure that accelerates the transition to clean mobility.”
Patel added that the collaboration reaffirms the company’s alignment with Gujarat’s vision of “Viksit Gujarat to Viksit Bharat,” and its leadership in India’s green energy transformation.
At the 10th edition of the Vibrant Gujarat Global Summit in Gandhinagar earlier this year, KP Group had signed MoUs to invest Rs 17,790 crore in Gujarat. The proposed investment included Rs 16,690 crore for developing 2,675 MW of wind, solar and hybrid projects at multiple sites, and Rs 1,000 crore for setting up a green hydrogen plant.
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Founded in 1994 by Dr Patel, KP Group has evolved from its telecom roots into a major renewable energy and green engineering conglomerate, said the statement. With over three decades of experience, it is targeting over 10 GW of installed renewable capacity by 2030, it added.
