KPI Green Energy shares soar 3.5% as company secures power trading license from GERC

Shares of KPI Green Energy opened over 3% higher on Friday after the company secured a category A power trading license from GERC. The shares traded at ₹436 apiece on the NSE at 9:16 am.

According to the exchange filing, KPI Green Energy Limited 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.

With this GERC approval, KPI Green Energy can now 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. Offer verifiable green energy blocks that support both RE compliance and ambitious ESG objectives.

Enable transparent pricing through exchange-discovered rates and standardised contracts, making costs predictable and competitive for customers. Support faster onboarding for open-access consumers, meeting short-term and transitional energy needs quickly and efficiently.

KPI Green Energy on Thursday said it has secured a contract for the development of a 100 MW solar power project under the captive power producer business segment. Sun Drops Energia, a subsidiary of the company, shall develop the project as per the terms of the order, a regulatory filing said. According to the filing, the order is awarded by multiple industrial investors under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy.

The project is scheduled to be completed in 2026-27, in various tranches.

On a YTD basis, shares of KPI Green Energy have delivered negative returns of 21% in 2025. In Q1FY26, the total revenue of the company jumped 73% YoY and net profit soared 55% YoY to ₹111 crore. On an operational level, the company’s operating profit or EBITDA jumped 55% to ₹208 crore. As of Q1FY26, the company’s total power generation capacity stands at 4 GW, and the company plans to scale it to 10 GW by 2030