KPI Green Energy Limited has informed the Exchange regarding a press release dated October 10, 2025, titled "KP Group signs MoU with Government of Gujarat to Develop Hydrogen and EV Fuel Stations across the State at Vibrant Gujarat Regional Conference 2025".
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KPI Green Energy, through its KP Group, has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to set up hydrogen and electric vehicle (EV) fuel stations across the state. The announcement was made at the Vibrant Gujarat Regional Conference 2025, signalling the company's entry into next-generation clean energy infrastructure. While specific investment amounts, timelines, and station counts were not disclosed in this filing, the partnership positions KPI Green Energy in two high-growth segments — green hydrogen and EV charging — both backed by government policy push. The MoU is non-binding in nature and detailed terms are likely to follow in subsequent disclosures.
Positive sentiment for shareholders as the move diversifies KPI Green Energy's portfolio beyond solar into future-facing energy segments, though near-term revenue impact may be limited since no financial commitments or project timelines were announced yet.