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CESC to focus on franchisee distribution licencing opportunities

22 Jul 2019 Evaluate

CESC will focus more on franchisee distribution licencing opportunities and there was no major plan to ramp up renewables. The company has decided not to go for renewables in a big way at least for now and instead will focus on more franchisee distribution opportunities.

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.

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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