CESC has received approval from Committee of the Board of Directors to issue 3,000 Non-convertible Debentures (NCDs) having a face value of Rs 10 lakh each for cash at par aggregating to Rs 300 crore, on a private placement basis.
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.