CESC has received an approval for the issuance of 3,000 Secured, Unlisted, Redeemable, Rated 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. The Committee of the Board at its meeting held on November 15, 2022, 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.
