CESC has received approval from board of directors to raise Rs 250 crore by issuing 2500 Unlisted, Rated, Redeemable, Non-Convertible Debenture (NCDs) having a face value of Rs 10 lakh each on private placement basis. The Board of Directors at its meeting held on October 7, 2020 has approved the same.
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.