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February 06, 2016 11:59 AM ET

Electric Utilities

Company Overview of CESC Limited

Company Overview

CESC Limited, a power utility company, engages in the generation, transmission, and distribution of electricity to approximately 2.9 million domestic, industrial, and commercial users in the area of 567 square kilometers (km) of Kolkata and Howrah, West Bengal in India. It owns and operates 3 thermal power plants that generate approximately 1,125 megawatts (MW) of power; and transmission and distribution systems that comprise 474 km circuit of transmission lines linking the company’s generating and receiving stations with 105 distribution stations, as well as 8,211 km circuit of HT lines, and 12,269 km circuit of LT lines. The company also owns and operates a solar plant with generating capa...

CESC House

Chowringhee Square

Kolkata,  700001

India

Founded in 1897

Phone:

91 33 2225 6040

Fax:

91 33 2225 5155

Key Executives for CESC Limited

Managing Director, Whole-Time Director, Member of Stakeholders Relationship Committee, Member of Corporate Social Responsibility Committee, Member of Risk Management Committee and Member of QIP Committee
Age: 55
Total Annual Compensation: $8.0M
Advisor To The Chairman and Member of Stakeholders Relationship Committee
Age: 66
Total Annual Compensation: $2.2M
Compensation as of Fiscal Year 2015.

CESC Limited Key Developments

CESC to Invest INR 25,000 Million in Solar, Wind Power Generation over Next 18 Months

CESC Limited has firmed up plans to invest over INR 25,000 million in setting up solar and wind generation capacity.

CESC Limited Announces Commissioning of 18 MW Solar Power Plant in Madurai

CESC Limited has commissioned a solar power plant of 18 MW capacity in Madurai in the southern Indian state of Tamil Nadu. According to a press release of CESC, with the commissioning of the fourth renewable power project, the company has strengthened its thrust on diversifying its energy mix and aims to touch the overall energy capacity of 113 MW by the end of 2016 fiscal. CESC has entered into a long-term (25 years) power purchase agreement with TANGEDCO (Tamil Nadu Generation and Distribution Corp). The project, which includes a 15-km long transmission line, has been over within 6 months.

CESC and Silver Spring Networks Collaborate to Deploy Multi-Application Smart Energy and Smart City Network in Kolkata, India

CESC Limited and Silver Spring Networks announced a collaboration to deploy an advanced, multi-application smart energy and smart city network in the city of Kolkata. Building on the two companies' successful Advance Metering Infrastructure (AMI) and Distribution Automation (DA) demonstration project, this collaboration creates a framework to extend Silver Spring's globally proven IPv6 /6LowPAN networking platform throughout CESC's service territory. The initial phase of the deployment will connect approximately 25,000 customers and automate CESC's electricity distribution grid. Additionally, the parties have signed a Memorandum of Understanding to collaborate in offering smart grid and smart city services to other organizations in West Bengal and throughout India. By combining CESC's demonstrated operational excellence and Silver Spring's globally proven technology platform, the parties intend to bring the many benefits of networking infrastructure to an even wider segment of the market.

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