Renewable Mirror News Detail

KP Group appointed Dr. Alok Das as group CEO for further growth in renewable space.

14 Nov 2024

Former Renowned Renewable Energy company executive and IIT Kanpur alumnus, Dr. Das brings three decades of industry expertise to advance KP Group’s domestic and global goals, including a 10 GW target by 2030.

KP Group is proud to announce the appointment of Dr. Alok Das as its new Group CEO, effective November 11th. With over 30 years of experience in the renewable energy sector, Dr. Das’s expertise will be instrumental in guiding 35 companies within the KP Group, including KPI Green Energy and KP Energy, toward new heights in sustainable energy. His deep knowledge of solar, wind, and hybrid energy systems, combined with a visionary strategic approach, makes him ideally suited to advance KP Group’s renewable energy goals.

Dr. Das is an esteemed alumnus of IIT Kanpur, where he earned his Ph.D. in Renewable Energy. His distinguished career has encompassed strategic planning, project management, and international business development, with a focus on championing sustainable energy policies in India and abroad.

With a strong reputation as a pioneer in India’s renewable energy landscape, Dr. Das has also contributed significantly to developing policies and regulatory frameworks that have shaped the industry over the years. His commitment to sustainable energy solutions aligns perfectly with KP Group’s mission to foster innovation and expand its reach both domestically and internationally.

As Group CEO, Dr. Das will lead KP Group’s overall growth strategy, ensuring smooth execution of its renewable energy projects and initiatives. This new chapter for KP Group strengthens its commitment to leading in renewable energy innovation and operational excellence. Dr. Das joins KP Group with an impressive background, having held significant positions at leading industry firms such as Suzlon Energy, Reliance Energy, and NEPC Michon Limited. At Suzlon, Dr. Das played a key role in expanding the company’s operational efficiency and portfolio in both renewable and conventional energy projects, establishing himself as a visionary in the field. Chairman and Managing Director Dr. Faruk G. Patel expressed his confidence in Dr. Das’ appointment, emphasizing, “Dr. Alok Das’ vast experience and leadership acumen will play a crucial role in accelerating KP Group’s business growth. His expertise will guide us toward our goal of achieving 10 GW by 2030, further establishing KP Group as a top player in the renewable sector. We extend our best wishes to Dr. Das as he begins this impactful journey with us.”

About KP Group: Founded in 1994, KP Group is a leading conglomerate in India’s renewable energy sector, specializing in solar, wind, and hybrid energy solutions. KP Group is Gujarat’s largest private solar park operator and a major provider of wind and hybrid energy systems. The Group is committed to reducing India’s carbon footprint and promoting energy independence through its investments in green hydrogen and advanced infrastructure solutions. With peak market capitalisation exceeding Rs. 190 billion, KP Group delivers eco-friendly, innovative energy solutions across various sectors.

KP Group operates three publicly traded companies:

1. KPI Green Energy Ltd. (NSE & BSE): Focuses on solar and hybrid energy, with 507+ MW of installed capacity and a power evacuation capacity of 2,346 MW as of H1 FY25, and an order book of 2.41+ GW as of September 30.

2. KP Energy Ltd. (BSE, soon NSE): Completed 866 MW of wind projects, with a total O&M portfolio of over 520 MW and ~2 GW in project orders.

3. KP Green Engineering (BSE-MSE): Capacity of 1.06 lakh metric tonnes of fabrication and galvanizing products annually, with a high-tech facility underway in Matar village, which will feature Asia’s largest galvanizing kettle and a capacity of 3 lakh metric tonnes.

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