KPI Green Energy Company Profile: Products, Promoters and Clients
KPI Green Energy Company Description
KP Group has a solar and hybrid division called KPI Green Energy Limited. It is a popular company that generates solar and hybrid power, based in Gujarat. The company was established in February 2008 to provide solar and hybrid energy to different industries. Under the brand name "Solarism," the company designs, constructs, owns, runs, and maintains solar and hybrid power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPPs).
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Q1. What are the Product and service offerings of KPI Green Energy?
Products and Offerings
1- Solar Power Generation (Independent and Captive Power Plants):
- KPI Greens generates and supplies solar power under the brand name Solarism. It acts as both an independent and captive power producer, offering energy solutions to industries, businesses, and large energy users.
- Independent power producers sell electricity to other companies through Power Purchase Agreements, while captive power producers create solar electricity for their use or their subsidiaries.
2- Land Development and Sales for Solar Projects:
- The Company sells industrial plots designated for solar projects. These sales focus on third parties looking to build renewable energy plants.
- The Company ensures that all requirements for setting up the solar projects are met.
3- Hybrid Energy Solutions:
- KPI Green offers hybrid renewable energy models that combine solar and other renewable sources. These solutions help improve energy efficiency and reliability.
- They are especially beneficial for industries needing a steady energy supply, even when low solar production.
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Services
1- Engineering, Procurement, and Construction (EPC):
- KPI Green builds complete solar power plants. The company's services include designing, buying materials, installing, and starting solar plants.
- They aim for efficient performance and on-time project completion.
2- Operation and Maintenance (O&M):
- The Company offers maintenance and support for solar systems from installation to the end of their life. It includes regular performance checks, system upgrades, and ensuring the systems produce energy efficiently.
3- Renewable Energy Advisory:
- KPI Green helps clients at every stage of renewable energy projects. It includes assessing project potential and following renewable energy rules.
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Q2. Who are the Promoters/Management of KPI Green Energy?
Dr. Faruk G. Patel (Chairman & Managing Director, KPI Green Energy Ltd.):
As the Managing Director and founding promoter of the company, Dr. Faruk G. Patel is recognized as one of the highly acclaimed entrepreneurs and visionary corporate leaders of the city. His business journey began in 1994 with the establishment of a small venture primarily focused on logistics and the construction of residential buildings. Over a short span of time, he has founded and promoted 35 companies under the KP Group brand, engaging in various businesses, especially in Solar, Wind, Hybrid, Green Hydrogen Ammonia, and Fabrication & Galvanizing.
Mr. Moh. Sohil Dabhoya Yusufbhai
He works for KPI Green Energy Ltd. as the Whole-Time Director. His contributions are essential to the company's (KPI Green Energy) strategy and operational management.
Mr. Shaheedul Hasan
Mr. Shaheedul is the company's chief operating officer, in charge of managing daily operations and making sure that initiatives like KPI Green Energy are carried out effectively.
Q3. Who are the Clients of KPI Green Energy?
Some of its major clients are UPL Limited, L&T -MTG Pvt. Ltd., Meghmani Organics Ltd., Colourtex Industries Pvt. Ltd., Jaisal Silk Mills Pvt. Ltd., Mahavir Synthesis Pvt. Ltd., etc.
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(By Naman Rathi)