KPI Green Energy Gets Inter-State Power Trading License To Expand Nationwide Beyond Gujarat

KPI Green Energy Limited has secured a major regulatory approval that significantly expands its market reach and trading capabilities. The Central Electricity Regulatory Commission (CERC) has granted the company an Inter-State Power Trading Licence (Category IV), enabling participation in India's national power markets and cross-state electricity trading operations.

Comprehensive Trading Platform Development

The CERC approval represents a strategic milestone for KPI Green Energy, complementing its existing intra-state power trading licence from the Gujarat Electricity Regulatory Commission (GERC). Together, these regulatory approvals position the company to operate a comprehensive pan-India power trading platform, allowing seamless market participation across multiple jurisdictions.

Licence Details:	Information
Inter-State Licence:	Category IV from CERC
Intra-State Licence:	Previously obtained from GERC
Market Coverage:	Pan-India power trading platform
Trading Scope:	Cross-state electricity trading

Enhanced Market Access and Flexibility

The inter-state trading licence authorizes KPI Green Energy to undertake electricity trading across state boundaries, enabling alignment of power sales strategy with regional demand dynamics. This regulatory approval enhances the company's ability to respond to evolving market conditions and demand patterns across different geographical regions.

Dr. Faruk G. Patel, Chairman & Managing Director, emphasized the strategic importance of this development: "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."

Strategic Market Opportunities

The CERC licence enables KPI Green Energy to pursue several strategic market opportunities that were previously unavailable. The company can now access demand centres across multiple states, expanding beyond region-specific power offtake arrangements and engaging with a wider spectrum of customers including industrial and utility buyers in different geographies.

Strategic Capabilities:	Benefits
Multi-State Access:	Demand centres across India
Dynamic Allocation:	Market condition-based power distribution
Customer Diversification:	Industrial and utility buyers nationwide
Market Participation:	Exchange-led and short-term markets

Company Background and Strategic Vision

Established in 1994 by Dr. Faruk G. Patel, KP Group has evolved into a multi-faceted conglomerate with core expertise in renewable energy, infrastructure, and innovation. Over three decades, the group has championed sustainability through transformative projects in wind, solar, hybrid energy, Battery Energy Storage System (BESS) and green hydrogen, contributing to India's green energy mission.

This development aligns with KPI's broader strategy of enhancing power trading and commercial capabilities, establishing the foundation for a scalable, pan-India power marketing platform that supports the company's renewable energy portfolio expansion.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.67%	+10.91%	+17.87%	-2.50%	+6.27%	+3,083.59%

KPI Green Energy Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory obligations under SEBI's depository regulations for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company submitted the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on April 14, 2026. The submission was made by Company Secretary and Compliance Officer Krunal Bhatt.

Parameter:	Details
Filing Date:	April 14, 2026
Quarter Covered:	Ended March 31, 2026
Reference Number:	KPI/REG-74(5)/APR/2026/766
Filed By:	Krunal Bhatt, Company Secretary

Certificate Details and Verification

The compliance certificate was issued by M/s. Bigshare Services Private Limited, the company's Registrar and Share Transfer Agent (RTA). The certificate, dated April 8, 2026, confirms that all securities received from depository participants for dematerialization up to March 31, 2026 were properly confirmed to the depositories.

Bigshare Services confirmed that security certificates received for dematerialization were mutilated and cancelled after due verification by the depository participant. The registrar also verified that the names of the depositories were substituted in the register of members as registered owner within 15 days of receipt of certificate of securities.

Stock Exchange Information

KPI Green Energy Limited trades on major Indian stock exchanges with the following identifiers:

Exchange:	Details
BSE Scrip Code:	542323
NSE Symbol:	KPIGREEN
CIN:	L40102GJ2008PLC083302

Depository Compliance Framework

The submission ensures compliance with SEBI's regulatory framework governing depositories and participants. The certificate confirms that the company and its RTA have adhered to prescribed timelines and procedures for processing dematerialization requests during the quarter. This regulatory filing demonstrates the company's commitment to maintaining transparency and compliance with securities market regulations.

The certificate was also submitted to Central Depository Services India Limited and National Securities Depository Limited, completing the required regulatory notifications across all relevant depository institutions.