Power 20:20 | September 2016
Power 20:20 | Distribution company with most profitability in private sector - CESC
The Calcutta Electric Supply Corporation (CESC) is the flagship company of the RP-Sanjiv Goenka Group, born from the erstwhile RPG Group.
An electricity generation and distribution company serving 2.4 million customers within 567 square kilometers of Kolkata and Howrah, delivering safe, cost-effective and reliable energy; it is also the sole distributor of electricity within an area of 567sq km of Kolkata and Howrah and serves 2.9 million consumers which include domestic, industrial and commercial users.
- CESC owns and operates 4 thermal power plants generating a total of 1,225 MW of power.
- It also operates two 20 MW gas turbine units as a peak load power plant to compensate the need for additional power demand during the peak hours.
- The company has also established its footprint in unconventional energy with a 9 MW solar project in Gujarat and a 50 MW wind project in Rajasthan. It is also developing three hydro power projects, with a combined capacity of 236 MW, in Arunachal Pradesh.
- In addition, the RP-Sanjiv Goenka Group has four captive power plants, with a combined capacity of 76 MW, which are fuelled by the process waste gas produced at its four carbon black manufacturing units in India.
- There is a 40 MW power plant running on coal washery rejects and carbonaceous shale at the coal mining operations in Assansol.
- More than 80 per cent CESC customers´ electricity requirement is met from its own generating plants, balance electricity is purchased from third parties. Its captive coal mines provide about 50 per cent of the coal requirement.
- The remainder is mostly provided by Coal India Limited. For a long-term solution, CESC is looking to acquire coal mines in Indonesia.
- It has major plans to expand generating capacity to 7,000 MW over the next five or six years.
- The new power generating projects will involve investments of more than Rs.300 billion ($4.5 billion or -Ç4.1 billion).
- In September 2013, the first unit of CESC´s 2x300 MW thermal power project, and the first one outside West Bengal, was successfully synchronised at Chandrapur, Maharashtra.
- Frost & Sulivan Best Practices Award 2015.
- First Runner Up for the project ´creating a virtual office for 2.9 million consumers´ in the ´customer value enhancement´ segment.
- 3rd innovation with impact awards for discoms, 2015 organised by Indian Chamber of Commerce
- Ranked second under the category of ´efficient distribution operation awards´.