CESC’s arm inks binding term sheet with Ecoren Energy India
CESC’s subsidiary — Purvah Green Power has entered into a binding term sheet with Ecoren Energy India, an unrelated Indian company which is neither a related party nor a part of the promoter or promoter group of the Company, for setting up wind power project of up to 686.85 MW (Project). The Project is likely to be commissioned within three years, subject to the receipt of the relevant licenses/ permits/ approvals from various authorities and carrying out various civil/electrical and other related works.
CESC is engaged in power generation and distribution in state of West Bengal. The company is a fully integrated power utility with its operation spanning the entire value chain right from mining coal, generating power and distribution of power.