CESC’s subsidiary -- Purvah Green Power (PGPPL) has entered into a Share Purchase Agreement for acquisition of 100% share capital (on a fully diluted basis) of Deshraj Solar Energy for expansion of renewable energy business. Post the completion of acquisition of shares, the Deshraj Solar Energy will become a step-down subsidiary of the Company. Deshraj Solar Energy is engaged in the business of development of a solar PV power plant of 300 MW capacity in India and its related activities.
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.
