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 said that it is now well-positioned to operate across India, establishing a comprehensive pan-India power trading platform.
With the new licence in place, the company will be able to access demand centres across multiple states, expanding beyond region-specific power offtake arrangements. It will also be able to dynamically allocate power based on market conditions, improving realisations through better timing and location of sales.
Further, the company can engage with a wider customer base, including industrial and utility buyers across geographies, and participate in exchange-led and short-term markets, complementing its existing long-term contracting strategy.
Dr. Faruk G. Patel, chairman & managing director, said: 'The inter-state trading licence strengthens our ability to operate seamlessly across markets and respond to evolving demand patterns. It enhances our flexibility in power sales, supports better price discovery, and positions KPI Green Energy to unlock greater value from its growing renewable energy portfolio.'
KPI Green Energy is part of KP Group. They develop, build, own, manage, and maintain renewable power facilities (solar and wind solar hybrid power projects) as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPPs) under the 'Solarism' brand.
The company's consolidated net profit jumped 47.73% to Rs 125.80 crore in Q3 FY26, compared with Rs 85.15 crore in Q3 FY25. Total revenue for Q3 FY26 stood at Rs 676 crore, up 45% year-on-year from Rs 466 crore in Q3 FY25.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: