Stepping up its power distribution business, Kolkata-based CESC Limited, a part of the Rs 19,000 crore RP-Sanjiv Goenka Group, has added another distribution franchisee for supply of electricity to Bikaner city in Rajasthan.
This is the Group's third distribution operation in Rajasthan, the other two being Kota and Bharatpur. It had started distributing power in Kota in the second half of calendar 2016.
The Bikaner city appointment is based on a competitive bidding and a distribution agreement for a period of 20 years is expected to be signed shortly.
"The Bikaner city distribution franchise, spread over 155 sq km, currently has 142,000 consumers.