Inox Wind and KP Energy to Develop 2.5 GW Wind Projects in India

Inox Wind Limited has announced a strategic partnership with KP Energy Limited to jointly develop 2.5 GW of wind and wind-solar hybrid projects across multiple states in India. This collaboration is formalized through a Memorandum of Understanding (MoU) between the two companies. The agreement outlines the roles of each party in the development of these renewable energy projects.

The financial terms of the agreement between Inox Wind and KP Energy have not been disclosed in the filing. However, the partnership involves a comprehensive division of responsibilities, with Inox Wind supplying the necessary wind turbine generators and associated equipment. Inox Renewable Solutions will provide limited scope wind EPC services, while Inox Green Energy will handle the operation and maintenance (O&M) services for the wind turbines.

The operational scope under the MoU includes Inox Wind’s supply of wind turbine generators and engineering support, covering USS design, transformer specifications, and foundation design. Inox Wind will also manage pre-commissioning, commissioning, and O&M of the wind turbine generators. KP Energy will focus on project development activities such as securing connectivity, land acquisition, obtaining statutory approvals, and executing Balance of Plant and EPC works. Additionally, KP Energy will manage the O&M of the Balance of Plant for the projects.

The collaboration between Inox Wind and KP Energy is positioned within the broader context of India’s renewable energy sector. Both companies aim to leverage their respective strengths to enhance their strategic positioning in the market. Inox Wind’s manufacturing and engineering capabilities complement KP Energy’s project development expertise, allowing for efficient execution of large-scale renewable projects. This partnership aligns with India’s national renewable energy goals and contributes to the country’s clean-energy transition.

The timeline for the implementation of the 2.5 GW wind projects has not been specified in the filing. However, the MoU indicates a commitment to timely and seamless project execution by combining the core competencies of both companies. The partnership is expected to facilitate the pursuit of large-scale renewable opportunities and drive operational efficiencies.

KP Energy is a prominent player in the renewable energy sector, focusing on project development, statutory planning, and balance-of-plant execution. The company has a strong track record in delivering integrated renewable energy solutions and is committed to advancing large-scale renewable infrastructure in India.

Inox Wind Limited is a leading wind energy solutions provider in India, servicing independent power producers, utilities, public sector units, and corporate investors. As part of the INOXGFL Group, Inox Wind operates four state-of-the-art manufacturing plants and offers end-to-end wind energy solutions, including manufacturing, installation, commissioning, and O&M of wind turbines. The company is focused on expanding its renewable energy footprint and supporting India’s transition to cleaner power generation.