The Surat-based KP group, which is into solar power generation, signed a Memorandum of Understanding (MOU) with the state government during the Vibrant Gujarat Regional Conference on Thursday for setting up fuel stations for Hydrogen and Electric vehicles across Gujarat at an investment of around Rs 8,000 crore.
Under the agreement, KP Group, which is among the country’s leading renewable energy conglomerates, will invest nearly Rs 8,000 crore to establish a network of hydrogen and electric vehicle (EV) fuel stations across Gujarat, marking a major step towards advancing e-mobility infrastructure in the state.
The MoU was signed by Affan Patel, Director, K P Group, and Bhakti Shamal, Joint Secretary, Energy and Petrochemicals Department, in the presence of Gujarat CM Bhupendra Bhai Patel