CESC Subsidiary Purvah Green Power Secures 180 MW Renewable Energy Contract from REMC
CESC subsidiary Purvah Green Power accepted a Letter of Award from REMC for 180 MW Round-the-Clock Renewable Energy Power Projects. The contract includes a tariff of ₹4.35 per kWh and has an execution period of 25 years from commissioning.
The order is for a substantial capacity of 180 MW and has a long-term execution period, indicating a medium-term positive impact on the company's business.
The company has secured a significant new order for renewable energy power projects, which is positive for future revenue and business expansion.
CESC Limited announced that its subsidiary, Purvah Green Power Private Limited (Purvah), has received and accepted a Letter of Award (LOA) from REMC Limited. The LOA, dated December 23, 2025, was issued following an open competitive bidding process.
Purvah has been awarded the contract for setting up Grid-connected Renewable Energy Power Projects, with or without storage, for the supply of 180 MW Round-the-Clock Power. The project execution is expected to span 25 years from the date of commissioning.
The tariff rate for this power supply has been set at ₹4.35 per kWh. The contract is with a domestic entity, REMC Limited, and does not involve any conflict of interest or related party transactions for CESC Limited or its promoter group.
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CESC Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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