KP Green Engineering Limited has informed the exchange regarding a Press Release titled 'KP Group signs MoU with Government of Gujarat to Develop Hydrogen and EV Fuel Stations across the ....
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KP Group (parent of KP Green Engineering Ltd) has signed an MoU with the Energy & Petrochemicals Department of the Government of Gujarat to set up Hydrogen and Electric Vehicle fuel stations across the state. The agreement was signed on October 9, 2025, at the Vibrant Gujarat Regional Conference in Mehsana, in the presence of Gujarat Chief Minister Shri Bhupendrabhai Patel. KP Group has committed an investment of ₹8,000 crore for this project, which is expected to create around 1,000 jobs. The Gujarat government will help with necessary approvals, permissions, and clearances to support smooth execution. This marks KP Group's entry into the clean energy and e-mobility infrastructure space, expanding beyond its existing renewable energy and infrastructure businesses.
This is a significant forward-looking announcement with a large ₹8,000 crore investment commitment, which could positively influence investor sentiment around KP Green Engineering's growth story in the clean energy space. However, it is an MoU (not a binding contract), so actual execution and order flows will be key for shareholders to track over the coming quarters.