KP Group has unveiled a new expansion plan that targets 10 GW of owned renewable power generation, 10 GW of third-party engineering, procurement and construction execution, and 10 GWh of integrated battery manufacturing capacity by FY32.
The roadmap, called KP 3.0, was announced at the group’s Investor Day in Mumbai. It includes battery cell production and battery energy storage system assembly, placing energy storage alongside generation and EPC as a core part of the group’s long-term business strategy.
KP Group said its total portfolio across solar, wind and hybrid assets has reached 9.21 GW. The group expects to add the remaining capacity needed to meet that portfolio level within the next few quarters. Its current operating platform includes approximately 12,104 acres of land, 5.10 GW of power evacuation capacity, a 6.4 GW EPC portfolio and a 2.8 GW independent power producer portfolio.
The scale of the targets points to an expansion across several parts of the renewable-energy infrastructure chain. In addition to developing generation assets, the group is seeking to build capacity in project execution, grid evacuation, battery storage and energy trading. These components are increasingly linked as renewable projects require transmission infrastructure and storage systems to manage variable power generation.
KP 3.0 also introduces new business verticals and a wider professional leadership structure covering renewable energy, international business, green hydrogen, investor relations and governance. The group said its new businesses include battery energy storage systems through Sundrops Energia, floating solar, energy trading and green hydrogen.
Its floating-solar portfolio includes a 110 MW AC project at Kadana Dam in Gujarat. The group is also operating a 1 MW electrolysis plant at Matar for green hydrogen, with reported production of 432 kg per day. Energy trading activities are being developed under licences issued by the Central Electricity Regulatory Commission and the Gujarat Electricity Regulatory Commission.
The battery manufacturing target includes both cell production and BESS assembly. The announcement did not provide a detailed commissioning schedule, investment amount, manufacturing location or capacity phasing for the proposed 10 GWh platform.
KP Group is also pursuing renewable-energy opportunities outside India in Botswana, Zambia, Tanzania and Saudi Arabia. In Botswana, it has proposed an initial 500 MW phase within a larger 5 GW development. The announcement did not specify the final approval, construction or commissioning timelines for those international projects.
Founded in 1994, KP Group operates three publicly listed companies: KPI Green Energy, KP Energy and KP Green Engineering. The group’s next milestones will depend on the addition of its announced renewable capacity, the expansion of its EPC portfolio, and the development of its battery, floating-solar, energy-trading and green-hydrogen businesses.
