Latest news with #NiranjanNayak
Time of India
19-06-2025
- Automotive
- Time of India
Delta Electronics India inks 3 pacts with KP Group
Power management and smart green solutions provider Delta Electronics India on Wednesday said it has signed three agreements with KP Group , which include those related to supply of solar inverters, battery energy storage systems and EV charging infrastructure. Under these agreements, Delta Electronics plans to provide high-efficiency solar PV inverters, battery energy storage systems (BESS), green hydrogen energy systems, and EV charging infrastructure to KP Group's projects across India and abroad, according to a statement. As per the pacts, Delta Electronics would also provide approximately 1 GW of next-generation grid-connected solar PV inverters over the next 12 months, the statement said. "Delta Electronics India and KP Group already share a long-standing relationship. This new collaboration is a step further and a strong testament to the trust and shared values between Delta and KP Group, such as sustainability, innovation, and reliability," said Niranjan Nayak , MD of Delta Electronics India. Farukh Patel , Chairman and Managing Director of KP Group, said, "Our partnership is not just about products - it's about co-creating solutions that empower India's energy independence." The two companies will also conduct regular joint technology workshops to ensure alignment with Delta's latest innovations. In a forward-looking step toward clean mobility, the third agreement focuses on integrated green hydrogen refuelling and EV charging infrastructure. KP Group will lead the development of green hydrogen production plants powered by renewable energy. Delta will contribute critical technology including energy management systems, hydrogen compression and dispensing components, as well as EV charging hardware and software, such as power management, compression, and dispensing technologies, and integrated energy management systems. The two companies will jointly design and implement green hydrogen stations and EV charging hubs across India. Delta shall supply EV chargers, including AC and DC fast chargers, energy management systems, and software platforms for real time monitoring and billing. Additionally, the collaboration will focus on skills, with Delta also training KP Group's teams for safe and efficient station operations. KP Group, headquartered in Surat , is a diversified clean energy powerhouse with a strong footprint in solar power generation, wind energy, green hydrogen, and infrastructure development.
Time of India
06-06-2025
- Business
- Time of India
KP Group, Delta Electronics India ink 3 strategic initial pacts
Surat-based KP Group on Friday said it has inked three strategic initial pacts with energy and power management solutions provider Delta Electronics India . This collaboration spans three high-impact areas: Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure and Solar PV Inverters , a statement said. The Memoranda of Understanding (MoUs) were signed by Niranjan Nayak, Managing Director of Delta Electronics India, and Faruk Patel, Chairman and Managing Director of KP Group, marking a significant step toward co-developing future-ready energy infrastructure that aligns with India's clean energy ambitions. Delta Electronics India and KP Group already share a long-standing relationship. The newly signed MoUs deepen this collaboration and provide a structured framework to accelerate renewable energy and clean technology deployment at scale, the statement added. The Battery Energy Storage System (BESS) MoU outlines a detailed framework for developing and deploying scalable BESS projects. Live Events In this, KP Group will help in project development, site integration, and regulatory coordination to accelerate the deployment of BESS solutions, whereas Delta will supply key power electronics, including inverters and energy management systems, along with design, integration, and commissioning support, it said. Together, the two companies will deliver energy storage projects in India and potentially overseas markets. As part of the pact focusing on integrated green hydrogen refuelling and EV charging infrastructure, KP Group will lead the development of green hydrogen production plants powered by renewable energy. Delta will contribute critical technology, including energy management systems, hydrogen compression and dispensing components, as well as EV charging hardware and software, and integrated energy management systems. Both parties will jointly design and implement green hydrogen stations and EV charging hubs across India. Under the solar PV inverter agreement, Delta will supply approximately 1 GW of next-generation grid-connected solar inverters over the next 12 months for KP Group's upcoming solar projects across India and selected overseas markets. These are future-ready, supporting both solar-only and hybrid (solar plus storage) configurations. Niranjan Nayak, MD of Delta Electronics India, said, "This collaboration is a strong testament to the trust and shared values between Delta and KP Group." Faruk Patel, CMD of KP Group, stated, "Our partnership is not just about products - it's about co-creating solutions that empower India's energy independence. Whether it is solar, storage, or hydrogen, we believe our combined strengths can build a cleaner, more sustainable tomorrow." KP Group brings to the table integrated expertise across project development, power generation, infrastructure execution, and renewable manufacturing, while Delta brings global experience in high-efficiency power electronics, hydrogen-ready infrastructure, and intelligent controls. PTI Economic Times WhatsApp channel )
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Business Standard
06-06-2025
- Business
- Business Standard
Here's why KPI Green share price is buzzing in trade on June 6; details
KPI Green share price: KPI Green shares were in demand on Friday, June 6, 2025, with the stock climbing up to 5.08 per cent to hit an intraday high of ₹528.85 per share. However, by 1:55 PM, KPI Green shares were off day's high, and were trading 1.96 per cent higher at ₹513.10 per share. In comparison, BSE Sensex was up 0.84 per cent at 82,122.89 levels. Catch Stock Market Latest Updates Today LIVE What led to the rally in KPI Green share price? KPI Green Energy shares surged after its parent, KP Group, announced the signing of three strategic Memoranda of Understanding (MoUs) with Delta Electronics India, aimed at accelerating clean energy and technology deployment. The agreements focus on three high-impact areas including battery energy storage systems (BESS), green hydrogen and electric vehicle (EV) charging infrastructure, and next-generation solar inverters. The development has deepened the existing relationship between KP Group and Delta Electronics, providing a comprehensive framework to fast-track the rollout of renewable energy solutions in India and potentially abroad, the company said. 'This collaboration is a strong testament to the trust and shared values between Delta Electronics and KP Group. This enhanced collaboration is built on shared values of sustainability, innovation, and reliability. With this 1 GW inverter partnership and extended collaboration on BESS and green hydrogen, we are committed to delivering best-in-class technology and lifecycle support. We recognise that India's decarbonization journey depends on the convergence of technologies. Our collaboration with KP Group is a bold step to create a cleaner, smarter mobility ecosystem,' said Niranjan Nayak, MD of Delta Electronics India. Under the BESS MoU, KP Group will spearhead the development and integration of large-scale battery storage projects, leveraging its engineering and execution capabilities, while Delta Electronics will supply advanced power electronics, energy management systems, and post-installation services such as monitoring and long-term maintenance support. ALSO READ | In the clean mobility space, the green hydrogen and EV infrastructure MoU outlines the creation of integrated hydrogen refueling stations and EV charging hubs powered by renewable energy. Under this MoU, KP Group will take charge of infrastructure development, while Delta Electronics will provide the core technologies, including EV chargers, hydrogen compression systems, and real-time energy management software. The collaboration will also involve training personnel for the safe and efficient operation of these stations. The third MoU pertains to Delta Electronics supplying approximately 1 GW of advanced solar inverters to KP Group over the next year. These inverters will be integrated into KP's upcoming solar projects and are designed for high efficiency, grid stability, and compatibility with hybrid energy systems that combine solar and battery storage. Delta Electronics will also provide ongoing technical support and collaborate on technology workshops to keep the systems aligned with emerging innovations. Faruk Patel, CMD of KP Group, said, 'Our partnership is not just about products—it's about co-creating solutions that empower India's energy independence. Whether it is solar, storage, or hydrogen, we believe our combined strengths can build a cleaner, more sustainable tomorrow.' About KP Group KP Group, headquartered in Surat, Gujarat, is among India's leading renewable energy conglomerates. Founded in 1994 by Faruk G Patel, the Group operates through its three listed entities—KPI Green Energy, KP Energy, and KP Green Engineering Ltd. (KPGEL). With fully integrated capabilities in engineering, procurement, and construction (EPC), renewable-focused manufacturing, project development, and asset management, KP Group offers end-to-end solutions across the clean energy value chain. The Group is also at the forefront of emerging green technologies, actively investing in battery energy storage systems (BESS), developing green hydrogen production facilities, and preparing for offshore wind projects. While it maintains a strong base in Gujarat, KP Group is rapidly expanding into both domestic and international markets.
Business Standard
06-06-2025
- Business
- Business Standard
KPI Green gains after arm inks three strategic MoUs with Delta Electronics
KPI Green Energy rose 2.21% to Rs 514.35 after its parent company, KP Group, signed three strategic Memoranda of Understanding (MoUs) with Delta Electronics to bolster India's clean energy ecosystem. The collaboration focuses on battery energy storage systems (BESS), green hydrogen, EV charging infrastructure, and a 1 GW solar inverter supply. The first MoU centers on the development of scalable BESS projects. KP Group will lead project development and site integration, while Delta will provide critical components such as inverters and energy management systems. The partnership aims to deliver energy storage projects across India and explore global markets. The second MoU targets the green mobility sector. KP Group will establish green hydrogen production units powered by renewable energy, while Delta will supply hydrogen compression and EV charging technologies. The two firms will jointly develop hydrogen refueling and EV charging stations pan-India, with Delta offering AC and DC fast chargers, along with monitoring and billing platforms. Under the third MoU, Delta will supply nearly 1 GW of solar PV inverters over the next year for KP Groups upcoming solar projects. These inverters will support standalone and hybrid (solar + storage) systems with features like high efficiency, remote diagnostics, and grid support functionalities. The companies will also collaborate on post-installation services, including training, preventive maintenance, and spare part supply. Joint workshops are planned to ensure KP Group stays aligned with Deltas latest technological advancements. Niranjan Nayak, MD, Delta Electronics India, said, Our collaboration with KP Group is a bold step toward building a cleaner, smarter mobility ecosystem. With this 1 GW inverter partnership and extended collaboration on BESS and green hydrogen, we are committed to delivering best-in-class technology and lifecycle support. Faruk Patel, CMD, KP Group, added, This partnership goes beyond product supplywere co-creating innovative solutions for Indias energy independence. Whether solar, storage, or hydrogen, we aim to shape a cleaner, more sustainable tomorrow. KPI Green Energy develops, builds, owns, operates, and maintains solar and hybrid power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name of 'Solarism.' The company's consolidated net profit surged 142% to Rs 104.18 crore on 97% rise in total income to Rs 577.80 crore in Q4 FY25 over Q4 FY24.
Business Upturn
06-06-2025
- Business
- Business Upturn
KPI Green Energy shares surge over 4% on strategic MOUs with Delta Electronics
KPI Green Energy shares rose over 4% in early trade after its parent company, KP Group, signed three strategic Memoranda of Understanding (MOUs) with Delta Electronics India, a key player in power and energy management solutions. As of 11:33 AM, the shares were trading 3.69% higter at Rs 522.05. The MOUs focus on three critical clean energy areas: Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure, and Solar PV Inverters. This partnership is expected to significantly enhance India's energy transition capabilities by accelerating the deployment of sustainable and scalable energy solutions. The agreements were officially signed by Mr. Niranjan Nayak, Managing Director of Delta Electronics India, and Dr. Faruk Patel, Chairman and Managing Director of KP Group. The collaboration is positioned to support India's net-zero ambitions and foster innovation in next-generation energy infrastructure. KP Group and Delta Electronics India have a long-standing relationship, and the new MOUs aim to deepen their cooperation. The partnership provides a structured framework for co-developing advanced renewable energy systems and clean technologies, potentially opening new business avenues for KPI Green Energy. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
