General Updates

KPI/MAT/SEP/2026/819 Date: September 01, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400051 Scrip Code: 542323 Symbol: KPIGREEN Sub.: Receipt of Letter of Intent (LOI) for 33.6 /76.6 MW DC Wind-Solar Hybrid Power Project under Group Captive Arrangement Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that KPI Green Energy Limited ("the Company") has received a Letter of Intent (LOI) for development of a Wind-Solar Hybrid Power Project under a Group Captive arrangement. The project comprises 33.6 MW of Wind capacity and 33.6 MW AC / 43 MW DC of Solar capacity, aggregating to 33.6 / 76.6 MW DC capacity, and will be developed for a reputed customer under the Group Captive framework. The project strengthens the Company’s presence in the C&I and Group Captive renewable energy segments, enhances its Wind, Solar and Hybrid capabilities, and adds to its order book. It supports the Company’s strategy of expanding through IPP, Group Captive and EPC opportunities while delivering long-term stakeholder value. The details as required under Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular dated January 30, 2026, are enclosed herewith as Annexure I. This is for your information and records. Thanking You, For KPI Green Energy Limited Moh. Sohil Yusuf Dabhoya Whole Time Director DIN: 07112947 ANNEXURE I Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 Particulars Details 1 name of the entity awarding the Private Body Corporate order(s)/contract(s); 2 significant terms and conditions Establishment of a Special Purpose Vehicle (SPV) for of order(s)/contract(s) awarded development, ownership and operation of a 33.6/76.6 MW in brief; DC Wind-Solar Hybrid Power Project in Gujarat, under a Group Captive arrangement 3 Whether order(s)/contract(s) Domestic Entity have been awarded by domestic / international entity; 4 nature of order(s)/contract(s); Letter of Intent (LOI) for a Group Captive Renewable Energy Partnership 5 Time period by which the KP to complete project development, construction and order(s)/ contract(s) is to be commissioning within 14 months from Stage-2 executed; connectivity (and in any case latest by 31st December 2027); Term of 25 years from the Commencement Date of the Energy Supply Agreement 6 Broad consideration or size of 33.6 MW of Wind capacity and 33.6 MW AC / 43 MW DC the order(s)/contract(s); of Solar capacity, aggregating to 33.6 /76.6 MW DC Capacity 7 whether the promoter/ promoter No group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; 8 whether the order(s)/contract(s) No would fall within related party transactions? If yes, whether the same is done at ‘arm’s length’