New Delhi: Surat-headquartered KP Group, one of India’s leading renewable energy conglomerates, has signed a landmark Memorandum of Understanding (MoU) with South Korea’s Jeonbuk State, AHES Co., Ltd., and GH2 Solar Pvt. Ltd. to accelerate the growth of the global green hydrogen (electrolyser) market.
The MoU, inked in Jeonju, South Korea, aims to foster collaboration in carbon neutrality, hydrogen-industry technology advancement, and economic growth through large-scale deployment of electrolysis-based green hydrogen solutions.
The signing ceremony was attended by Governor Kwan-young Kim of Jeonbuk State, AHES CEO Joong-Hee Lee, GH2 Solar Director Anurag Jain, KPI Green Hydrogen & Ammonia CEO Robbi Rajasekharam, and KP Green Engineering Whole-Time Director Moinul Kadva.
Under the agreement, Jeonbuk State will implement supportive policies and enhance the technological capabilities of electrolyser companies. AHES will supply efficient alkaline electrolyser stacks and provide long-term operational know-how, while GH2 Solar will focus on Balance of Plant (BoP) manufacturing and electrolyser commissioning. KP Group’s KPI Green Hydrogen & Ammonia will invest in and establish large-scale green hydrogen production facilities using AHES electrolyser stacks.
Dr. Faruk G. Patel, Chairman & Managing Director of KP Group, said, “This strategic partnership signifies an important leap towards a cleaner energy future. By combining Jeonbuk’s policy leadership, AHES’s proven electrolyser technology, GH2 Solar’s market expertise, and KP Group’s execution capabilities, we are creating a powerful global alliance. Together, we will accelerate the transition to green hydrogen and support India’s vision to become a global hub for sustainable energy.”
Jeonbuk State views this collaboration as a gateway for Korean hydrogen companies to expand internationally, enhance competitiveness, create jobs, and build a global cooperative network in the green hydrogen sector.
The MoU marks a significant milestone for KP Group, which already has around 6+ GW of executed and under-development renewable energy capacity. Through KPI Green Hydrogen & Ammonia, the Group is actively driving large-scale electrolysis-based hydrogen and ammonia production and is on track to commission a green hydrogen plant by the end of this year.
This agreement follows KP Group’s recent strategic partnership with AHES and GH2 Solar to establish and operate a Green Ammonia plant with a capacity of 1 lakh tonnes per annum.
About KP Group
Founded in 1994 by Dr. Faruk G. Patel, KP Group has grown into a leading Indian conglomerate with a strong presence across Renewable Energy and Green Engineering. Over the past three decades, the Group has evolved from telecom foundations to becoming a key enabler of India’s clean energy transition.
As India advances towards its “Net Zero” target by 2070, including 280 GW of solar and 140 GW of wind power, KP Group continues to play a vital role. With plans to commission over 10 GW of renewable energy by 2030, the Group remains committed to delivering sustainable solutions that power India’s clean energy future.
