KPI Green Energy Secures Rs 2,025 Crore Solar EPC Contract in Rajasthan
KPI Green Energy has won a solar EPC order worth Rs 2,025 crore (reported equivalently at approximately $211 million by Power Technology) located in Rajasthan, as reported by three outlets on 29–30 September 2026. The award marks one of the larger EPC orders recently attributed to the Surat-based renewable energy company.
| Field | Detail |
|---|---|
| Contract type | Solar EPC |
| Promoter / EPC contractor | KPI Green Energy |
| Location | Rajasthan, India |
| Contract value | Rs 2,025 crore (approx. $211 million) |
| Sub-sector | Solar Based Power |
KPI Green Energy's Existing Project Pipeline
Projects India already tracks several active developments under KPI Green Energy across multiple states. These include a floating solar power project at Kadana Dam in Mahisagar, Gujarat, valued at Rs 489 crore, currently at the construction-started stage; a solar photovoltaic power project at Khavda, Kachchh, Gujarat, valued at Rs 960 crore; a solar power project at Bikaner, Rajasthan, valued at Rs 116 crore, also at the construction-started stage; and solar-wind hybrid and wind-based power projects at Bharuch, Gujarat, each valued at Rs 468 crore.
The Rajasthan EPC win sits alongside the Bikaner project already in construction, indicating the company is deepening its footprint in the state. Rajasthan is an established solar corridor, and the new order further consolidates KPI Green Energy's presence there.
Rajasthan and the Broader Solar Landscape in India
Projects India currently tracks 1,307 solar based power projects across India, of which 21 have been added to the database in the last 90 days. Rajasthan accounts for 82 of those tracked projects, placing it sixth among states by volume of solar activity in the database.
Maharashtra leads with 187 tracked solar projects, followed by Karnataka (186), Telangana (139), Andhra Pradesh (93) and Gujarat (85). Despite ranking sixth by project count, Rajasthan's high irradiance levels and land availability continue to attract large-scale EPC awards of the type now reported for KPI Green Energy.
Across the full solar based power pipeline, the stage breakdown reveals where activity is concentrated: 642 projects are under approvals, 218 are at the construction-started stage, 195 are in planning, 128 are completed, 46 are on hold, and 25 are at an early or announced stage. The large volume in the approvals stage signals a substantial pipeline of projects that could move to procurement and construction in the near to medium term.
Sector Context: Power Projects in India
The solar EPC order forms part of a broader power projects landscape in India that continues to attract significant capital commitment. Projects India records zero open India tenders in the Power Projects sector at present, though the pipeline of projects under approvals and planning across solar suggests fresh procurement activity is likely as those projects progress.
Solar based power remains the most active renewable sub-sector tracked by Projects India by project count, reflecting sustained policy and private-sector commitment to utility-scale and distributed solar capacity.
What this means for suppliers and contractors
A Rs 2,025 crore solar EPC order generates procurement demand across a range of supply categories, including solar modules, mounting structures, inverters, cables, civil works, grid interconnection equipment and project management services. Suppliers and contractors active in Rajasthan should note that KPI Green Energy is simultaneously executing or developing multiple projects in the state and in Gujarat, indicating ongoing procurement activity at a company level beyond this single award.
The concentration of 642 solar projects nationally at the under-approvals stage represents a substantial forward order book for the EPC and supply chain ecosystem. Rajasthan's 82 tracked projects, combined with the scale of awards such as this one, make the state a priority geography for suppliers targeting utility-scale solar work. Contractors with Rajasthan execution credentials and module or BOS suppliers seeking to qualify with active EPC players may find KPI Green Energy's current expansion relevant to their business development efforts.
Projects India tracks all active solar developments in the country; the full list is available on the tracked projects page.
Frequently asked questions
What is the value of KPI Green Energy's new solar EPC order in Rajasthan?
Three outlets reported the order at Rs 2,025 crore, with Power Technology quoting an equivalent figure of approximately $211 million. The project is located in Rajasthan and was reported on 29–30 September 2026.
How many solar projects does KPI Green Energy currently have in development?
Projects India tracks five projects under KPI Green Energy, including developments in Mahisagar, Kachchh, Bikaner and Bharuch, spanning solar, floating solar and wind-solar hybrid technologies, with values ranging from Rs 116 crore to Rs 960 crore.
How many solar projects are tracked in Rajasthan?
Projects India tracks 82 solar based power projects in Rajasthan, placing the state sixth nationally by project count behind Maharashtra, Karnataka, Telangana, Andhra Pradesh and Gujarat.
