Bharat Neeti

BHARAT NEETI

Be Ahead With Economy And Policy Updates

BHARAT NEETI

Be Ahead With Economy And Policy Updates

KP Group signs MoU to invest Rs. 8,000 crore for hydrogen and EV fuel stations in Gujarat

KP Group, Gujarat
KP Group, Gujarat
WhatsApp
Copy link
URL has been copied successfully!

New Delhi: KP Group, one of India’s leading renewable energy conglomerates, signed a Memorandum of Understanding (MoU) with the Government of Gujarat at the first Vibrant Gujarat Regional Conference (VGRC) for North Gujarat in Mehsana. Under the agreement, KP Group will invest Rs. 8,000 crore to establish a network of hydrogen and electric vehicle (EV) fuel stations across Gujarat, marking a major step towards advancing e-mobility infrastructure in the state.

The MoU was signed by Affan Patel, Director, KP Group, and Bhakti Shamal, Joint Secretary, Energy and Petrochemicals Department, in the presence of Hon. Chief Minister of Gujarat Shri Bhupendra Bhai Patel; Shri Kanubhai Desai, Finance Minister of Gujarat; and Shri Prahlad Joshi, Union Minister of New & Renewable Energy.

As per the MoU, the Government of Gujarat will facilitate KP Group in obtaining the necessary permissions and clearances in line with the state’s policies and regulatory framework. The project, scheduled to commence in 2026, is expected to generate 1,000 employment opportunities and support both industrial growth and environmental sustainability.

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. We are proud to partner with the Government of Gujarat in shaping the state’s future as India’s clean energy leader.”

You are warmly welcomed to India’s first On-Demand News Platform. We are dedicated to fostering a democracy that encourage diverse opinions and are committed to publishing news for all segments of the society. If you believe certain issues or news stories are overlooked by mainstream media, please write to us. We will ensure your news is published on our platform. Your support would be greatly appreciated if you could provide any relevant facts, images, or videos related to your issue.

Contact Form Demo