CESC wins power distribution franchise in Rajasthan
The RP-Sanjiv Goenka Group owned power utility company CESC Ltd. has bagged the franchise for electricity distribution in Kota and Bharatpur in Rajasthan with the operations to begin in August.
Coal auctions:SEBs the gainer!
Subsequent to the de-allocation of 204 coal blocks by the Supreme Court (SC) of India in September 2014, the Government of India (GoI) notified
CESC ropes in BCG for investment roadmap
Private power generation and distribution company CESC Ltd has appointed Boston Consulting Group (BSG) to explore and advise verticals of power sector for the RP-Sanjiv Goenka group´s flagship company to concentrate on.
Lanco in talks with four buyers for Udupi project
Lanco Infratech Ltd is in talks with four firms, including Kolkata-based CESC Ltd, for the sale of its 1,200 MW Udupi Power Corp. Ltd in Karnataka as it attempts to pare its debt burden. Lanco, which is looking at a valuation of around Rs 3,000 crore for the imported coal-based thermal power project, recently announced the sale of its 70MW Lanco Budhil hydropower project and two smaller plants of 5MW each in Himachal Pradesh to Hyderabad-based clean energy producer Greenko Energies Pvt Ltd for a
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