Last Updated on 25th June 2024
Calcutta Electric Supply Corporation Limited (CESC) is planning to acquire over 50,000 acres to expand and increase its renewable energy footprint across the country. The company aims to achieve 3 GW in its renewable energy portfolio. The company plans to invest in solar, wind, and green hydrogen projects.
The group has submitted an expression of interest to the Gujarat government for about 49,000 acres to develop a solar-wind hybrid portfolio. The group has already applied to Rajasthan Renewable Energy Corporation for registration and transmission connectivity. Furthermore, they are in the advanced stages of acquiring 2000 acres of land. The company has already acquired 250 acres of land in Bikaner.
This initiative by CESC is a significant step towards India's renewable energy goals. It will not only boost the country's clean energy capacity but also create jobs and contribute to sustainable development in Rajasthan and Gujarat.
CESC Ltd. is India's first fully integrated electrical utility company, established in 1899. It's also the flagship company of the RP-Sanjiv Goenka Group.
CESC Ltd is India's first fully integrated power utility company. It generates, transmits, and distributes electricity in Kolkata and Howrah, West Bengal. The company has a private license to distribute electricity in an area of 567 sq km, serving over 3.4 million consumers.
The company's distribution network comprises 666 circuit km of EHV lines, 8762 circuit km of HV lines, and 13798 circuit km of LV lines. It has 27 substations, 115 distribution stations, and 8749 LT substations and package substations.
CESC is actively diversifying its portfolio towards clean energy sources. They have solar power plants in Gujarat and Tamil Nadu with a combined capacity of 27 MW. The company also has stakes in several other renewable energy projects across India.
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