CESC has raised Rs 300 crore through Non-Convertible Debentures (NCDs) and allotted 3000 Non-Convertible Debentures of face value of Rs 10 lakh each on a private placement basis, to ICICI Bank.
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.