KPI Green Energy Rallies on Power Trading License Win

Licensing breakthrough propels KPI Green Energy shares higher.

Live Market Updates

Latest Financial News

positive

KPI Green Energy Rallies on Power Trading License Win

KPI Green Energy Rallies on Power Trading License Win
KPI Green Energy jumped 4% at noon after securing a Category A power trading licence from GERC, unlocking direct renewable power trading. The approval lets the company align sales with demand across KP Group’s 6+ GW portfolio, potentially improving realisations and cash flow. Management targets expanded merchant sales alongside PPAs as prices stay firm. Traders flagged higher volumes and steady order wins this week, reinforcing momentum in the stock and diversifying earnings beyond EPC into recurring trading revenue and margins.
Companies:
  • KPI Green Energy
Tags:
  • renewable energy
  • power trading