Shares of KPI Green Energy Limited rose above 3% on April 17 after the company announced it has been granted an Inter-State Power Trading Licence by the Central Electricity Regulatory Commission, enabling pan-India market participation.
The stock opened at ₹447.30 against its previous close of ₹440.90, touching a session high of ₹465.00 and a low of ₹447.00. The 52-week range stands between ₹335.65 and ₹563.00.
According to the company’s exchange filing, CERC has granted KPI Green Energy a Category IV Inter-State Power Trading Licence, authorising the company to undertake electricity trading across state boundaries. The company had earlier received an intra-state power trading licence from the Gujarat Electricity Regulatory Commission, and with the addition of the CERC licence, the company is now positioned to operate a pan-India power trading platform.
The licence enables the company to access demand centres across multiple states, dynamically allocate power based on market conditions, engage with industrial and utility buyers across geographies, and participate in exchange-led and short-term markets in addition to its existing long-term contracting strategy.
Chairman and Managing Director Dr. Faruk G. Patel stated that the inter-state trading licence strengthens the company’s ability to operate seamlessly across markets, enhances flexibility in power sales, supports better price discovery, and positions the company to unlock greater value from its growing renewable energy portfolio.
KPI Green Energy Limited is part of the KP Group, a conglomerate established in 1994 with core expertise in renewable energy, infrastructure, and innovation, with a presence across wind, solar, hybrid energy, battery energy storage, and green hydrogen projects.
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