CESC has raised Rs 300 crore through the allotment of Secured, Unlisted, Redeemable, Rated Non-Convertible Debentures (NCDs) having a face value of Rs 10 lakh each on a private placement basis, to Axis Bank. The Committee of the Board at its meeting held on November 16, 2022, has approved the allotment of 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.
