KP Group signs MoU with Gujarat on Oct 9, 2025 to invest ₹8,000 crore in hydrogen and EV fuel stations across the state, creating about 1,000 jobs and supporting Gujarat’s low-carbon mobility goals.
Source: KP Green Energy Press Release (NSE Exchange Fillings) | Published on Oct 10, 2025
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As quoted in the press release of KPI Green Energy (NSE Exchange Filings), KP Group, a Gujarat-based company engaged in renewable energy and infrastructure, has entered into a Memorandum of Understanding (MoU) with the Energy & Petrochemicals Department of Gujarat to create hydrogen and EV fuel stations throughout Gujarat.
The MoU was executed on October 9, 2025, during the Vibrant Gujarat Regional Conference (North Region) at Ganpat University, Mehsana. The MoU was signed by Affan Patel on behalf of KP Group and by Bhakti Shamal on behalf of the government.
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The KP Group plans to invest a total of ₹8,000 crore in Gujarat for hydrogen and electric vehicle stations.
The initiative will create about 1,000 jobs
This provides government assistance to achieve the necessary approvals and clearances.
This supports Gujarat’s ambitions for clean mobility and low-carbon goals.
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Parameter | Detail |
Investment | ₹8,000 crore |
Target Network | Hydrogen + EV fuel stations in Gujarat |
Jobs Estimated | ~1,000 |
Government Role | Facilitation of approvals and clearances |
Strategic Aim | Strengthen low-carbon mobility in Gujarat |
KPI Green Energy share price stands at ₹442 per share on the BSE as of October 10, 2025, at 15:30 PM IST, up by 2.5%.
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