Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


June 03, 2015 3:08 PM ET

Electric Utilities

Company Overview of CESC Limited

Company Overview

CESC Limited, a power utility company, is primarily engaged in the generation, transmission, and distribution of power to approximately 2.8 million domestic, industrial, and commercial users in the area of 567 square kilometers (km) of Kolkata and Howrah, West Bengal. It owns and operates 4 thermal power plants that generate approximately 1,225 megawatts of power; and transmission and distribution systems that comprise 474 km circuit of transmission lines linking its generating and receiving stations with 85 distribution stations, as well as 3,837 km circuit of HT lines, and 9,867 km circuit of LT lines. It also operates 128 stores under the Spencer’s label in India, which comprises 34 hyper...

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: 54
Total Annual Compensation: $7.3M
Advisor To The Chairman and Member of Stakeholders Relationship Committee
Age: 65
Total Annual Compensation: $2.2M
Compensation as of Fiscal Year 2014.

CESC Limited Key Developments

CESC Limited Eyes Acquisition Of Power Generation Assets

CESC Limited (BSE:500084) is eyeing acquisition of power generation assets. CESC Limited told investors that acquisition of generation assets and fuel security for new projects is its growth opportunities.

CESC to Invest Around INR 20,000 Million to Strengthen Distribution Network

CESC announced that it aims to reduce the time taken to provide a new connection to 24 hours from 72 hours at present. In a bid to strengthen its distribution network in Kolkata, CESC is planning to invest around INR 20,000 million. The company has already invested INR 30,000 million in improving its distribution network in the past few years, and would want to invest another INR 20,000 million in improving the network so that downtime can be brought down to zero and Kolkata turns into a zero load shedding city. Further, the company aims to reduce the time taken to provide a new connection to 24 hours from 72 hours at present.

CESC Limited Recommends Dividend for the Year Ended March 31, 2015

CESC Ltd. announced that the board of directors of the company at its meeting held on May 21, 2015, has decided to recommend to the members at the thirty-seventh annual general meeting, payment of equity dividend for the year ended March 31, 2015 at the rate of 90% or INR 9/- per share on the paid-up share capital of the company as on that date. The dividend will be tax free in the hands of the shareholders but shall be subject to tax thereon payable by the company.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CESC Limited, please visit www.cesc.co.in. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.