The project involves the supply of 300 MW of wind-solar hybrid power on a long-term basis. The power purchase agreement to be signed will remain valid for 25 years from the scheduled commencement of supply.
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 1.40% to Rs 353 crore in Q2 FY25 as compared with Rs 348 crore recorded in Q2 FY24. Net sales rose 8% YoY to Rs 4700 crore in Q2 FY25.
Shares of CESC shed 0.70% to Rs 183.80 on the BSE.