Petition of the CERC (Procedure, Terms and Conditions for grant of trading license and other related matters), Regulations, 2020, for grant of an interstate trading license for KPEL – EQ

Summary:

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### 1. Regulatory Authority

* The proceedings have been issued by the **Central Electricity Regulatory Commission (CERC)**, New Delhi.
* CERC is the statutory regulator for inter-state electricity transmission and trading in India.

### 2. Petition Details

* **Petition Number:** 868/TD/2025
* The petition relates to the **grant of an inter-state electricity trading licence**.

### 3. Legal Provisions Invoked

* The application has been filed under:

* **Section 14 of the Electricity Act, 2003**, and
* **Regulation 6** of the CERC (Procedure, Terms and Conditions for Grant of Trading Licence and Other Related Matters) Regulations, 2020.
* The petitioner has applied for a **Category V trading licence**.

### 4. Petitioner

* **K.P. Energy Limited (KPEL)** is the petitioner seeking the inter-state trading licence.

### 5. Date of Hearing

* The matter was heard on **23 December 2025**.

### 6. Composition of the Commission (Coram)

* **Shri Jishnu Barua**, Chairperson
* **Shri Ramesh Babu V.**, Member
* **Shri Harish Dudani**, Member
* **Shri Ravinder Singh Dhillon**, Member

### 7. Representation for the Petitioner

* K.P. Energy Limited was represented by:

* Shri Aditya Singh, Advocate
* Shri Vineet Gupta, Advocate
* Shri Divyansh Singh, Advocate

### 8. Submission by the Petitioner

* At the beginning of the hearing, the petitioner’s counsel submitted that:

* A **compliance affidavit dated 15.12.2025** had been filed.
* The affidavit was submitted in response to directions issued during the earlier hearing held on **20.11.2025**.
* The affidavit furnished the information and clarifications sought by the Commission for grant of the trading licence.

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