New Delhi: KP Energy Limited said on Thursday that it has received an Inter-State Electricity Trading Licence (Category V) from the Central Electricity Regulatory Commission (CERC), a move the company said strengthens its position in India’s evolving power markets. The company said the approval allows it to trade electricity across state boundaries and participate in nationwide power markets, expanding both its market reach and trading capabilities.
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The filing said the licence “enables the Company to undertake electricity trading across state boundaries and participate in nationwide power markets, thereby strengthening its market reach and trading capabilities.”
In a statement, the company said the licence places it in a position to participate in inter-state electricity trading seamlessly and to build a broader power marketing platform. It said the approval also helps the company align power sales with demand patterns across regions and support a more integrated renewable energy platform.
Commenting on the development, Dr Faruk G Patel, Founding Promoter & Managing Director, said, “The inter-state electricity trading licence marks a significant milestone for KP Energy Limited 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.”
The company said the new licence will allow it to access demand centres across multiple states beyond region-specific offtake arrangements, optimise power sales dynamically based on market conditions and pricing signals, engage a broader customer base, including utilities and commercial and industrial consumers, and participate in exchange-led and short-term markets alongside long-term contracting strategies.
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It said the development fits into KP Energy’s wider plan to strengthen its commercial and market-facing capabilities and build a scalable presence in India’s electricity trading ecosystem.