Inox Wind Limited (IWL) and KP Energy Limited (KPE) have signed an exclusive Memorandum of Understanding to jointly develop 2.5 GW of wind and wind-solar hybrid power projects across multiple states in India. The strategic partnership aims to leverage the strengths of both companies in the renewable energy sector.

Partnership Structure and Responsibilities

The collaboration establishes clear divisions of responsibility between the two companies. Inox Wind will supply wind turbines and associated equipment, and provide engineering support, including USS design, transformer specifications, and foundation design. The company will also execute pre-commissioning and commissioning activities and perform operations and maintenance of wind turbine generators.

KP Energy will undertake project development activities and secure connectivity, land, and rights-of-way. The company will obtain statutory approvals and execute Balance of Plant (BoP) and EPC works. KPE will also manage operations and maintenance of the Balance of Plant infrastructure.

This integrated approach is designed to ensure timely, seamless, and high-quality project execution by combining the core competencies of both organizations.

Strategic Benefits for Both Companies

The partnership is expected to strengthen the strategic positioning of both companies in the renewable energy market. For KP Energy, the alliance provides assured access to IWL's equipment and engineering capabilities, enhancing its ability to deliver fully integrated renewable assets.

For Inox Wind, the partnership offers benefits from KPE's strong on-ground execution expertise and proven development track record. Together, the companies aim to pursue large-scale renewable energy opportunities more effectively, drive operational efficiencies, and contribute significantly to India's clean energy transition.

Executive Statements

Mr. Kailash Tarachandani, Group CEO Renewables of INOXGFL Group, emphasized the collaboration's potential, stating: "This partnership capitalizes on the strong product, ground-level execution, and project-development excellence of the two companies. 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 KPE, stated: "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."

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