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CESC Limited acquires 100% stake worth ₹871 crore in Chandigarh Electricity Co.

Nov 25, 2024•over 1 year ago

Contract Type

partnership

ChandigarhEnergyRenewable EnergyBiomass Energy

Description

CESC Limited's subsidiary, Eminent Electricity Distribution Limited, has been granted a Letter of Intent to acquire 100% shares in Chandigarh Electricity distribution company for ₹871 crore. In addition to this partnership, CESC Limited is strategically expanding its wind and solar energy projects.

Company Information

Company

CESC Limited

Location

Chandigarh, Chandigarh, India

About

CESC Limited is a green energy company engaged in the generation and distribution of electricity.

Predictive Intelligence
Strategic

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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