Business Standard

Thursday, December 26, 2024 | 06:39 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

CESC to focus on distribution over power generation

This is expected to drive the future growth of the flagship company of the RP-Sanjiv Goenka Group

CESC to shift focus to power distribution
Premium

Avishek Rakshit Kolkata
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in