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.