CESC Limited has formally signed Power Purchase Agreements to procure 600 MW of electricity from grid-connected wind-solar hybrid power projects. These long-term agreements, spanning 25 years, involve four different energy providers. This strategic move is part of the company’s commitment to expanding its renewable energy portfolio and securing reliable power supplies through a tariff-based competitive bidding process.
Strategic Renewable Energy Expansion
On April 16, 2026, CESC Limited confirmed the execution of power procurement contracts for a total capacity of 600 MW. These projects focus on wind-solar hybrid energy, which leverages complementary generation profiles to provide more consistent power supply. The agreements are set for a duration of 25 years, ensuring long-term energy security for the company’s operations.
Details of Power Procurement
The 600 MW capacity is distributed among four key energy entities, with procurement secured at competitive tariff rates:
- Purvah Green Power Private Limited (a subsidiary of the company): 300 MW at Rs. 3.75 / kWh.
- Vismaya Renewables India Project Private Limited: 100 MW at Rs. 3.74 / kWh.
- Hexa Climate Solutions Private Limited: 100 MW at Rs. 3.75 / kWh.
- Sprng Energy Private Limited: 100 MW at Rs. 3.75 / kWh.
Commitment to Sustainable Growth
By integrating a significant volume of wind-solar hybrid power, CESC Limited continues to diversify its energy mix. The inclusion of Purvah Green Power Private Limited as a major contributor highlights the company’s focus on leveraging its internal subsidiaries to drive growth in the green energy sector. All selected projects were finalized following a rigorous tariff-based competitive bidding process, ensuring both economic viability and adherence to high operational standards.
Source: BSE
