CESC Limited — Important, 27-03-2025: Updates

The Uttar Pradesh Electricity Regulatory Commission has approved a Power Purchase Agreement between Dhariwal Infrastructure Limited, a wholly owned subsidiary of CESC Limited, and Noida Power Company Limited, another subsidiary of the company. This agreement allows for the supply of electricity for a contracted capacity of 25 Megawatt over a duration of three years, starting from April 1, 2025, to March 31, 2028. This development positions CESC for steady revenue flow from power supply during this period, potentially enhancing its operational stability and growth prospects. Investors should monitor this agreement's impact on the company’s performance and long-term strategy.