CESC is planning to raise Rs 300 crore through upto 3,000 non-convertible debentures (NCDs) of Rs 10 lakh each, to be made in one or more tranches as per terms and conditions to be finalised in due course, will be considered by a Committee of the Board of Directors of the company at its meeting to be held on May 20, 2020.
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.
