India’s KP Group will invest ₹36,000 crore ($4B) in Botswana’s renewable energy sector under a new MoU. The deal aims to build 5 GW capacity, create jobs, and offer scholarships, supporting Botswana’s net-zero 2030 goal. The partnership strengthens regional power connectivity and expands KP Group’s global renewable footprint.
KP Group, a Gujarat-based renewable energy conglomerate, has signed a landmark Memorandum of Understanding (MoU) with the Government of Botswana to invest ₹36,000 crore (approx. $4 billion) in large-scale renewable energy projects. The agreement, finalized in December 2025, marks a significant step in KP Group’s international expansion and Botswana’s clean energy ambitions.
Key highlights of the announcement include:
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The collaboration targets the development of nearly 5 GW of renewable energy capacity, including solar generation, energy storage, and transmission infrastructure.
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The MoU was signed between Botswana’s Ministry of Minerals and Energy and KP Group entities — KPI Green Energy Ltd, KP Energy Ltd, and KP Green Engineering Ltd.
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The initiative will create thousands of jobs and provide 30 annual scholarships for Botswana citizens in renewable energy and sustainability fields.
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The projects will also strengthen regional power connectivity, enabling Botswana to export clean energy to neighboring countries.
Analysts view this as a strategic milestone, aligning with Botswana’s goal of achieving net-zero emissions by 2030 while positioning KP Group as a global renewable energy player.
This partnership underscores India’s growing role in global sustainability efforts and Botswana’s commitment to energy independence.
Sources: Economic Times Energy, Times of India, Business Standard, BusinessWire