Gujarat-based KPI Green Energy's parent company, KP Group, has entered into a memorandum of understanding (MoU) with the New and Renewable Energy Department of the Madhya Pradesh government to develop 1.8 GW of renewable energy projects.

The agreement was signed at the Global Summit 2025 in Bhopal on 24 February, 2025. The collaboration includes the establishment of solar, wind, hybrid, battery energy storage systems (BESS), and biomass-based projects across the state. The MoU aims to accelerate clean energy adoption and the state's position as a renewable energy hub.

The state government’s involvement highlights its commitment to sustainable development and investment in green power infrastructure. The projects are expected to contribute significantly to the region’s energy transition, supporting India’s broader renewable energy goals.