KP Group has entered into a Memorandum of Understanding (MoU) with Fabtech Group to develop and implement green energy-powered life sciences projects globally.
"Through this partnership we are uniting renewable energy with our conventional turnkey solutions and innovations at scale. Together KP Group and Fabtech Group are redefining how global advances and life science facilities are built,” said Aasif Ahsan Khan, Founding Promoter, Fabtech Group.
KP Group is a renewable-energy conglomerate based in India, and Fabtech Group is an Indian-based provider of turnkey solutions for life sciences, healthcare, and cleanrooms.
As part of this MOU, the two will strategically combine efforts to build and power more sustainable solutions for pharma, biotech and data centers.
The partnership will see KP Group provide and integrate solar, wind, hybrid, battery-energy-storage, and green-hydrogen-based power solutions across Fabtech Group’s projects.
All upcoming projects executed by Fabtech Group will be powered by clean, renewable energy supplied by KP Group.
“This collaboration marks another milestone in KP Group's vision of driving sustainability through innovation,” said Dr. Faruk Patel, Founding Promoter of KP Group. “By integrating our renewable energy capabilities with Fabtech Group's Life science projects, we aim to enable greener and more efficient digital infrastructure for the future.”
The partnership will allow both companies to focus on developing and piloting demonstration projects to showcase renewable-powered cleanroom and manufacturing environments.
Fabtech has been rapidly growing in its project portfolio both at home in India and overseas after completing an initial public offering (IOP) to take the business public in April.
According to the company’s IPO prospectus, Fabtech Technologies Cleanrooms already has a strong pipeline of potential orders under active consideration, ones totalling about £41m (₹477.86 crore).
The projects will also serve as models for future commercial global rollouts, especially in Asia, the Middle East and Africa.
The companies hope that the newly formed collaboration will drive carbon-neutral digital transformation and sustainable infrastructure growth worldwide.
