KPI Green Energy Limited has informed the Exchange regarding a press release dated September 30, 2025, titled "KP Group Forms Strategic International Partnership with South Korea s Jeonbuk Province to Advance Global Green Hydrogen Ecosystem".
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KPI Green Hydrogen & Ammonia, part of the KP Group, has signed a Memorandum of Understanding with Jeonbuk Special Self-Governing Province in South Korea, along with energy partners GH2 Solar Limited and AHES Co., Ltd. The collaboration will focus on technology exchange in water electrolysis and hydrogen facilities, joint development of large-scale green hydrogen projects, and expanding the green hydrogen market across India and other geographies. KP Group brings a renewable portfolio of 6+ GW (solar, wind, and hybrid assets) to the table, positioning it to scale up green hydrogen and ammonia production. The move aligns with the group's 'Vision Forward' strategy and India's clean energy transition goals. Three listed entities fall under the KP Group umbrella: KPI Green Energy, KP Energy, and KP Green Engineering.
This is a non-binding MOU at this stage, so near-term financial impact is limited, but it strengthens KP Group's positioning in the emerging global green hydrogen value chain and could open up new international revenue streams over time. Shareholders should watch for follow-up announcements on project specifics, timelines, and capital commitments, which would signal real progress beyond intent.