About CESC Limited

CESC Limited is India’s first fully integrated electrical utility company, engaged in electricity generation and distribution under a licensed area model in and around Kolkata, West Bengal. It serves 3.7 million customers across Kolkata, Howrah, Hooghly, and North and South 24 Parganas, with a consolidated customer base of over 4.7 million across its ventures. The Company operates a 750 MW generating station at Budge Budge and a 135 MW station at Garden Reach (Southern); Haldia Energy Limited, a 100% subsidiary, runs a 600 MW station at Haldia under a long-term PPA with CESC. Beyond Kolkata, CESC distributes power through Noida Power Company Limited (Greater Noida, Uttar Pradesh), three Distribution Franchisees (Kota, Bharatpur, Bikaner in Rajasthan) and Malegaon (Maharashtra), and became the distribution licensee for Chandigarh effective February 1, 2025.

The Company is expanding into renewables with a planned 3.2 GW hybrid portfolio by FY 2028-29. Its subsidiary, Purvah Green Power Private Limited, is implementing three renewable projects totalling 1,200 MW through step-down subsidiaries. As on March 31, 2025, CESC had 42 subsidiaries (including 23 added during the year), with three material subsidiaries: Noida Power Company Limited, Haldia Energy Limited and Dhariwal Infrastructure Limited  . Core activities account for 100% of turnover: generation and distribution of electricity to domestic, industrial, commercial and other users in India.

Key milestones include the commissioning of Chandigarh’s distribution licence in 2025, signing of green power PPAs, and a growing pipeline of renewable projects under implementation in Rajasthan, Madhya Pradesh and Andhra Pradesh.

CESC Limited Key Management

• Dr. Sanjiv Goenka – Chairman
• Shashwat Goenka – Vice Chairman (Non-Executive)
• Vineet Sikka – Managing Director (Distribution)
• Brajesh Singh – Managing Director (Generation)
• Rajarshi Banerjee – Executive Director & Chief Financial Officer
• Jagdish Patra – Company Secretary & Compliance Officer

Latest Updates on CESC Limited

• Chandigarh acquisition: Through its wholly owned subsidiary, CESC completed the acquisition of 100% of Chandigarh Power Distribution Limited; as the sole distribution licensee, it serves ~2.4 lakh customers with annual sales of ~1,700 MU. Within 45 days of takeover (effective February 1, 2025), it introduced a central call centre, WhatsApp services and a website to improve customer experience.
• Green power tie-ups: CESC executed PPAs with solar and solar-wind hybrid developers to procure 600 MW, supporting Renewable Power Obligation compliance and demand growth. Two more substations were certified as green spaces, taking such establishments to twenty-one.
• Technology and innovation: The Company installed around 9,740 smart meters in FY 2024-25 and received three patents in distribution, including a compact distribution transformer and transformer breather monitoring system; it is contemplating a grid-connected MW-scale BESS following an IFC feasibility study.
• Renewables roadmap: A planned 3.2 GW hybrid renewable capacity by FY 2028-29 is underway, with 1,200 MW being implemented via Purvah Green Power Private Limited and subsidiaries.
• Recognitions: Noida Power Company Limited achieved an A+ rating and 3rd rank in the 13th Annual Integrated Rating & Ranking of Distribution Utilities, and won multiple awards, including IPPAI and ISGF Innovation Awards 2025. Generation assets at Budge Budge and Haldia also won national accolades for environment and energy efficiency.