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CESC gets nod to raise Rs 100 crore via NCDs

21 Dec 2021 Evaluate

CESC has received approval to issue 1,000 redeemable, rated, senior, secured, unlisted non-convertible debentures (NCDs) having a face value of Rs 10 lakh each, for cash at par, aggregating to Rs 100 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.

Peers
Company Name CMP
NTPC 316.50
Tata Power 353.45
Adani Power 195.75
Power Grid Corpn. 250.95
Adani Energy Solut. 1360.00
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