CESC Limited — New Orders, 30-12-2024: Awarding of order(s)/contract(s)

Noida Power Company Limited (NPCL), a subsidiary of CESC Limited, has issued a Letter of Award to Purvah Green Power Private Limited, another subsidiary, for a significant project involving the supply of 300 MW Wind-Solar Hybrid Power. This long-term power purchase agreement will remain effective for 25 years from the scheduled commencement date. The awarded contract reflects a robust commitment to renewable energy infrastructure, positioning CESC as an important player in the growing hybrid power sector. This initiative may lead to potential growth in revenue while enhancing its sustainability profile. Investors should watch closely as this development could bolster CESC's market presence and operational capacity.