CESC Ltd Share Price – NSE /  BSE

Power Generation & Distribution, Small Cap

CESC announced that Pratip Chaudhuri (DIN: 00915201), has completed his second and final term as an Independent Director and consequently ceased to be an Independent Director of the Company w.e.f. the close of business hours on 30 September 2024.

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Purvah Green Power, a subsidiary of CESC, has entered into a binding term sheet with Ecoren Energy India dated 19 September 2024, for setting up wind power project of upto 686.85 MW. The Project is likely to be commissioned within three years.

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The project is likely to be commissioned within three years, subject to the receipt of the relevant licenses/ permits/ approvals from various authorities and carrying out various civil/electrical and other related works.

CESC is a fully-integrated electrical utility company. The company's other business segments include power, organized retailing, property development and business process outsourcing.

The company’s consolidated net profit increased 5.4% to Rs 388 crore in Q1 FY25 as compared with Rs 368 crore in Q1 FY24. Net sales jumped 12.8% YoY to Rs 4,863 crore in Q1 FY25.

The scrip fell 3.56% to currently trade at Rs 185.45 on the BSE.

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EPPL will explore opportunity in renewable power sector.

EPPL has been incorporated as a WOS of Purvah. Accordingly, 100% of its shareholding is held by Purvah. The subscribed and paid-up capital of EEPL is Rs 1,00,000.

CESC is a fully-integrated electrical utility company. The company's other business segments include power, organized retailing, property development and business process outsourcing.

The company’s consolidated net profit increased 5.4% to Rs 388 crore in Q1 FY25 as compared with Rs 368 crore in Q1 FY24. Net sales jumped 12.8% YoY to Rs 4,863 crore in Q1 FY25.

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