KP Energy Gets Trading Licence, Shares +8%

KP Energy Ltd’s shares jumped ~8% after CERC granted a Category V inter‑state electricity trading licence.
The licence lets the Gujarat‑based wind developer trade power across state borders, accessing national markets and larger utility and C&I customers.
KP Energy now can participate in exchange‑led and short‑term markets, enhancing revenue flexibility alongside its long‑term contracts.
The stock opened at Rs 393.95, touched Rs 380.95, with a market cap of Rs 2,509 crore and PE 16.9.