KPI Green Energy Limited announced on Thursday, April 16, that it has been granted an Inter-State Power Trading Licence (Category IV) by the Central Electricity Regulatory Commission (CERC). According to reports from CNBC TV18, this approval authorises the company to undertake electricity trading across state boundaries, enabling participation in India's national power markets and aligning its power sales strategy with regional demand dynamics.
As reported by CNBC TV18, the company had earlier received an intra-state power trading licence from the Gujarat Electricity Regulatory Commission (GERC). With the addition of the inter-state licence from CERC, KPI Green Energy is now positioned to operate across India and establish a pan-India power trading platform. This dual licensing approach provides the company with comprehensive market access capabilities, transforming its ability to participate in both exchange-led and short-term markets.
According to CNBC TV18, the licence enables the company to access demand centres across multiple states, expanding beyond region-specific power offtake arrangements. Faruk G. Patel, Chairman & Managing Director, commented that the inter-state trading licence strengthens the company's ability to operate across markets and respond to evolving demand patterns. He added that it enhances flexibility in power sales, supports better price discovery, and positions KPI Green Energy to unlock greater value from its renewable energy portfolio through dynamic allocation and enhanced revenue generation.
