CESC Limited — New Orders, 07-01-2025: Awarding of order(s)/contract(s)

CESC Limited has issued a Letter of Award to its subsidiary, Purvah Green Power Private Limited, for the establishment of a 150 MW Wind-Solar Hybrid Power Project, with an option for an additional 150 MW capacity. The project is part of the tariff-based competitive bidding process for hybrid power procurement in India. The Power Purchase Agreement will be active for 25 years from the scheduled start date. Given that it involves a related party transaction, it is undertaken at arm’s length, aligning with regular business operations. This move signifies CESC's continued commitment to expanding its renewable energy portfolio, presenting a positive outlook for investors interested in sustainable energy ventures.