KPI Green Energy has received the Category A Power Trading Licence from the Gujarat Electricity Regulatory Commission (GERC), enabling the company to trade electricity and optimise realisation by aligning power sales with demand curves for KP Group's 6+ GW renewable portfolio.
'This licence is a strategic milestone for us. It not only empowers KPI to participate directly in dynamic markets but also allows us to sell power when and where it's most needed'maximising realisations, expanding customer choice, and accelerating India's clean-energy transition,' said Dr. Faruk Patel, Chairman & Managing Director
With this GERC approval, KPI Green Energy can now:
1. Tap directly into power exchanges and short-term bilateral markets, providing industrial and utility customers with flexible procurement options that adapt to their operational demand curves.
2. Offer verifiable green energy blocks that support both RE compliance and ambitious ESG objectives.
3. Enable transparent pricing through exchange-discovered rates and standardized contracts, making costs predictable and competitive for customers.
4. Support faster onboarding for open-access consumers, meeting short-term and transitional energy needs quickly and efficiently.
Powered by Capital Market - Live News