 "CESC plans Rs 600-cr investment to raise wind energy output")
CESC, power generation and distribution arm of RP-Sanjiv Goenka Group, has planned an investment of Rs 600 crore in Gujarat and Andhra Pradesh to raise wind energy generation from the current 130 megawatt (Mw) to 207 Mw. This addition is likely over the next five-odd weeks.
So far, the group has invested Rs 1,400 crore in the renewable enegery sector, with solar power projects in Gujarat and Tamil Nadu, and wind energy in Rajasthan, Gujarat, and Madhya Pradesh. In the December quarter, CESC had a five per cent increase in net profit to Rs 152 crore, from Rs 145 crore a year before. Net sales grew three per cent over a year ago to Rs 1,574 crore.
So far, the group has invested Rs 1,400 crore in the renewable enegery sector, with solar power projects in Gujarat and Tamil Nadu, and wind energy in Rajasthan, Gujarat, and Madhya Pradesh. In the December quarter, CESC had a five per cent increase in net profit to Rs 152 crore, from Rs 145 crore a year before. Net sales grew three per cent over a year ago to Rs 1,574 crore.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%