The Kolkata-based CESC, which supplies electricity to the West Bengal capital and neighbouring Howrah besides parts of Rajasthan and Greater Noida, is going to focus less on power generation and more on distribution. This is expected to drive the future growth of the flagship company of the RP-Sanjiv Goenka Group (RPSG).
The power business (generation and distribution) accounts for 56 per cent of the group’s annual turnover of Rs 17,260 crore. The CESC alone contributes Rs 6,616 crore to the top line.
Since 2010, the RPSG has invested Rs 8,000 crore in its power-generating capacity, ramping it up from 800 Mw to