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CESC enters into MoU with Silver Spring

03 Dec 2015 Evaluate

CESC has entered into a Memorandum of Understanding (MoU) with Silver Spring, a US based Company and a market leader in Smart Grid space across the globe, for exploring business opportunities in India in the same space.

As part of its ongoing drive for modernizing its Transmission & Distribution network, as a pilot project the company will work with Silver Spring on Smart Grid distribution models in parts of South Kolkata under the company’s licensed area.

CESC is engaged in power generation and distribution in state of West Bengal. CESC is a fully integrated power utility with its operation spanning the entire value chain: right from mining coal, generating power, distribution of power.

Peers
Company Name CMP
NTPC 326.20
Tata Power 366.80
Adani Power 203.00
Power Grid Corpn. 269.25
Adani Energy Solut. 1339.40
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