KPI Green Energy Limited has incorporated a new wholly owned subsidiary, KPGC One Private Limited (KPGCO), as part of its strategy to expand its renewable energy and power infrastructure business.
The company informed the stock exchanges that the new subsidiary was incorporated on June 18, 2026, and is fully owned and controlled by KPI Green Energy. The newly established entity has been created to explore opportunities across multiple segments of the energy value chain, including renewable power generation, energy storage, transmission, distribution, and electricity-related activities.
KPGC One Private Limited has an authorised share capital of ₹1 lakh, consisting of 10,000 equity shares with a face value of ₹10 each. The subscribed share capital of the company is also ₹1 lakh. Since the subsidiary has been newly incorporated, it has not started commercial operations and currently has no turnover.
According to the regulatory filing, KPGCO will undertake activities related to the generation, storage, transmission, distribution, purchase, sale, and supply of electricity from various energy sources. The company’s scope includes renewable energy segments such as solar, wind, hydro, and biomass, along with other energy sources.
The new subsidiary will also focus on establishing, owning, developing, operating, and maintaining power generation facilities and energy storage systems. It will undertake related infrastructure and ancillary activities supporting the energy sector.
KPI Green Energy stated that the investment in the new subsidiary was made through a cash consideration of ₹1 lakh. The company confirmed that no additional regulatory approvals were required for the incorporation and that it will continue to hold 100% ownership and control of KPGCO.
The subsidiary has been registered with the Registrar of Companies, Ahmedabad, and will operate in the renewable energy sector.
The move comes as renewable energy companies in India are increasingly creating dedicated subsidiaries and special-purpose entities to pursue new opportunities in clean energy generation, storage solutions, and infrastructure development. Growing demand for renewable power and energy storage systems has encouraged developers to strengthen their business structures and prepare for future projects.
KPI Green Energy’s latest move reflects its continued focus on expanding its renewable energy portfolio and participating in India’s transition towards a cleaner and more sustainable power ecosystem.
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