KP Energy shares jumped 7.7 per cent in trade on BSE, logging an intra-day high at ₹381 per share. At 12:01 PM, KP Energy’s share price was trading 3.68 per cent higher at ₹366.5 per share. In comparison, the BSE Sensex was down 0.92 per cent at 77,797.35.
The stock was in demand after the company received an inter-state electricity trading licence from the Central Electricity Regulation Commission (CERC), expanding access to nationwide power markets.
KP Energy Limited has received an Inter-State Electricity Trading Licence (Category V) from the Central Electricity Regulatory Commission (CERC), enabling the company to trade electricity across state boundaries and participate in national power markets.
This approval enabled the company to undertake electricity trading across state boundaries and participate in nationwide power markets, thereby strengthening its market reach and trading capabilities.
The licence authorises KP Energy to align power sales with demand dynamics across regions, engage with a broader customer base — including utilities and commercial and industrial consumers — and participate in exchange-led and short-term markets, alongside its existing long-term contracting arrangements.
Check - TOP GAINERS NSE | TOP LOSERS NSE
"The inter-state electricity trading licence marks a significant milestone for KP Energy as we expand our capabilities in the power markets. It enhances our flexibility in power sales, enables better realisations through market-linked mechanisms, and supports our strategy of building a more integrated renewable energy platform," said Dr. Faruk G. Patel, founding promoter and managing director, KP Energy.
The development is part of KP Energy's broader strategy to strengthen its commercial capabilities and build a scalable presence in India's electricity trading ecosystem.
KP Group has grown into a multi-faceted conglomerate with core expertise in renewable energy, infrastructure, and innovation. Over the past three decades, the group has championed sustainability by spearheading transformative projects in wind and solar energy, thereby contributing to India’s green energy mission.
With a strong portfolio of renewable energy projects, KP Group has earned a reputation as a trusted partner for companies committed to reducing their carbon footprint. The group remains steadfast in its mission to contribute meaningfully to India’s energy transition while setting new benchmarks in the renewable energy sector.