KPI Green surges on securing Inter-State Power Trading Licence from CERC
KPI Green Energy is currently trading at Rs. 455.15, up by 14.35 points or 3.26% from its previous closing of Rs. 440.80 on the BSE.
The scrip opened at Rs. 449.50 and has touched a high and low of Rs. 465.35 and Rs. 446.45 respectively. So far 80192 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 562.60 on 16-Jul-2025 and a 52 week low of Rs. 335.55 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 465.35 and Rs. 394.35 respectively. The current market cap of the company is Rs. 8944.48 crore.
The promoters holding in the company stood at 49.25%, while Institutions and Non-Institutions held 9.31% and 41.44% respectively.
KPI Green Energy has been granted an Inter-State Power Trading Licence (Category IV) by the Central Electricity Regulatory Commission (CERC), marking a key step in the company’s evolution towards a more integrated and market-responsive renewable energy platform. This approval authorises the company to undertake electricity trading across state boundaries, enabling participation in India’s national power markets and alignment of its power sales strategy with regional demand dynamics. The company had earlier received an intra-state power trading licence from the Gujarat Electricity Regulatory Commission (GERC), and with the addition of the inter-state licence from CERC, the company is now well-positioned to operate across India, establishing a comprehensive pan-India power trading platform.
With this licence in place, the company will be able to access demand centres across multiple states, dynamically allocate power based on market conditions, engage with a wider spectrum of customers and participate in exchange-led and short-term markets. This development builds on the company’s broader strategy of enhancing its power trading and commercial capabilities, and together with its state-level trading presence, lays the foundation for a scalable, pan-India power marketing platform.
