KP Green Engineering Bags ₹37.56 Cr Solar EPC Order

KP Green Engineering has secured new orders worth ₹97.27 crore from multiple clients, the company said in a regulatory filing. The company stated that out of the total order, it secured ₹37.56 crore for solar projects (for different components) and ₹4.44 crore for a rooftop solar project.

Additionally, KP Green Engineering, the manufacturing arm of the KP Group, received ₹7.18 crore for developing 220 kV to 400 kV tower material, 33 kV and 66 kV substation equipment structure, hardware, cable trays, GI strip material, and GI structure for isolators. It also secured ₹0.26 crore for developing 220 kV, 66 kV, and 33 kV isolators. A further ₹47.83 crore order was received for crash barriers for railway track fencing and other related projects. The company aims to complete all these newly secured orders by the end of the financial year, March 31, 2026.

[caption id="attachment_103661" align="aligncenter" width="620"] K.P Engineering Order book[/caption]

KP Green Engineering's Renewable Energy Projects

Discussing the company’s strategic focus, the Director of the company, Muinulhaque Kadva said, “We are doing backward integration for the existing product and also for new sectors like green hydrogen and offshore wind. For our current products, we are planning rolling mills, tube mills, slitter lines, and CTL lines to ensure cost efficiency, timely delivery, and quality assurance.”

He added, “We are also working on backward integration for renewable and other infrastructure sectors—such as solar MMS, transmission line towers, and substations—which we are already engaged in. For green hydrogen, we have planned storage systems, hydrogen speed systems, and electrolyzers. For offshore wind, we are planning to manufacture wind tubular towers to support infrastructure in that area.”

Sharing the contribution of different segments, Group Chief Financial Officer Salim Yahoo said, “If you look at the solar MMS structure, it contributes around 30%. Pooling substations or substations account for about 20%, transmission towers another 20%, and the remaining share includes mixed products like crash barriers and other heavy engineering components such as bridges.”