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CESC to ink agreement with USTDA to fund feasibility study

24 Mar 2012 Evaluate

CESC will ink an agreement with the US Trade and Development Agency (USTDA) to fund a feasibility study. The US financial grant, amounting to $618,860, will fund a feasibility study for implementation of the smartgrid technologies across the company's electricity distribution network in its licensed area.

The agreement is scheduled to be signed in Delhi on Monday in the presence of the visiting US Secretary of Commerce, who is leading a big US trade mission. This feasibility study will facilitate bench-marking, as also adoption of best international technologies, solutions and practices.

CESC is engaged in power generation and distribution in state of West Bengal. Being part of RPG Group, the company made Calcutta free of load shedding and brought in new power connections, fault-free supply, quick response to local faults, complaint-free billing and swift redressal of customer grievances.

CESC Share Price

171.50 0.90 (0.53%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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