CESC has raised Rs 200 crore through the allotment of 20,000 Secured, Unlisted, Redeemable, Rated Non-Convertible Debentures (NCDs) having a face value of Rs 1,00,000 each on a private placement basis to Axis Bank. The Committee of Board of Directors at its meeting held on December 28,2023, 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.
