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CESC’s arm incorporates wholly owned subsidiary

13 Sep 2024 Evaluate

CESC’s subsidiary -- Purvah Green Power has incorporated a wholly owned subsidiary (WOS) named ‘Redgaint Renewable Power Energy’ (RRPEPL) on September 11, 2024. RRPEPL will explore opportunity in renewable power sector.

RRPEPL is a WOS of Purvah. The subscribed and paid-up capital of RRPEPL is Rs 1,00,000. 

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 326.20
Tata Power 366.80
Adani Power 203.00
Power Grid Corpn. 269.25
Adani Energy Solut. 1339.40
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