CESC Green Plans Rs 50 Billion Investment in Renewables

CESC Green Power Ltd, a subsidiary of CESC Ltd under the RP-Sanjiv Goenka Group, is preparing an investment of approximately Rs 50 billion to expand its footprint in the renewable energy sector.
The company plans to develop a solar cell and module plant with over 3 GW capacity, along with battery manufacturing facilities, a 60 MW renewable energy project, and allied units to support the green energy value chain. These projects will be spread across multiple locations in India.
CESC Ltd has pledged financial support through equity infusion, strategic guidance, and assistance in securing institutional funding, ensuring smooth execution and timely financial closure of the projects.
This move signals a strategic shift for the Kolkata-based utility, historically focused on power generation, transmission, and distribution, towards establishing a stronger presence in India’s clean energy landscape. 

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