New Delhi: In a major boost to India’s renewable energy ambitions, Inox Wind Limited (IWL), a leading wind energy solutions provider, has entered into an exclusive Memorandum of Understanding (MoU) with KP Energy Limited (KPE), a prominent balance-of-plant solutions provider. The strategic partnership aims to jointly develop 2.5 GW of wind and wind-solar hybrid power projects across multiple Indian states.
Under the terms of the MoU, Inox Wind will supply Wind Turbine Generators (WTGs) and associated equipment, while its subsidiaries—Inox Renewable Solutions and Inox Green Energy—will provide limited-scope EPC services and comprehensive operations and maintenance (O&M) for the wind turbines. KP Energy will lead project development activities including land acquisition, statutory approvals, connectivity, and execution of balance-of-plant and other EPC works. Additionally, KPE will manage O&M for the balance-of-plant infrastructure.
This integrated approach is designed to harness the core competencies of both companies, ensuring seamless execution and high-quality delivery of large-scale renewable energy assets. The collaboration is expected to enhance operational efficiency and accelerate the deployment of clean energy solutions across India.
Mr. Kailash Tarachandani, Group CEO Renewables, INOXGFL Group, stated, “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. Through this association, we aim to deliver structured, high-quality renewable energy solutions that will reinforce our role in supporting India’s transition toward cleaner and more sustainable power generation.”
Dr. Faruk G. Patel, Founder and MD of KP Energy, added, “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.”
The partnership is poised to play a pivotal role in India’s clean energy transition, leveraging complementary strengths to deliver integrated, scalable, and sustainable power solutions.
