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Harika Enjamuri

6th Aug · SEBI-Registered Analyst

CESC Strengthens Renewable Energy Portfolio with 175 MW Wind Power Project Win

CESC Ltd has expanded its renewable energy portfolio after its subsidiary, Purvah Green Power Pvt. Ltd., received a Letter of Award (LOA) from the Solar Energy Corporation of India (SECI) for developing a 175 MW interstate transmission system (ISTS)-connected wind power project. The award, issued on August 5, 2026, was secured through SECI's competitive bidding process under Tranche-XX, which covers 2,000 MW of wind power capacity. Under the agreement, Purvah will supply power at a tariff of ₹3.85 per kWh for a period of 25 years from the scheduled commencement of power supply, providing long-term revenue visibility. The company also clarified that the contract is not a related-party transaction and that its promoter group has no interest in SECI. Earlier this year, Purvah had secured 300 MW out of 600 MW of wind-solar hybrid projects awarded under the Ministry of Power's competitive bidding guidelines, with a tariff of ₹3.75 per kWh, while Vismaya Renewables India Project Pvt. Ltd. received 100 MW at ₹3.74 per kWh, and Hexa Climate Solutions Pvt. Ltd. and Sprng Energy Pvt. Ltd. were awarded 100 MW each at ₹3.75 per kWh. These project wins reflect CESC's continued focus on strengthening its clean energy portfolio through competitive renewable energy opportunities while supporting India's long-term energy transition.

CESC
Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.

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