Company Overview of CESC Limited
CESC Limited, a power utility company, is primarily engaged in the generation, transmission, and distribution of power to approximately 2.8 million domestic, industrial, and commercial users in the area of 567 square kilometers (km) of Kolkata and Howrah, West Bengal. It owns and operates 4 thermal power plants that generate approximately 1,225 megawatts of power; and transmission and distribution systems that comprise 474 km circuit of transmission lines linking its generating and receiving stations with 85 distribution stations, as well as 3,837 km circuit of HT lines, and 9,867 km circuit of LT lines. It also operates 128 stores under the Spencer’s label in India, which comprises 34 hyper...
Founded in 1897
Key Executives for CESC Limited
Total Annual Compensation: $7.3M
Advisor to the Chairman and Member of Investors' Grievance Committee
Total Annual Compensation: $2.2M
Compensation as of Fiscal Year 2014.
CESC Limited Key Developments
CESC Seeks Acquisitions
Oct 20 14
CESC Limited (BSE:500084) will participate in auction of coal blocks and is planning to acquire troubled power plants. Sanjiv Goenka, Chairman of CESC said that it also actively eyeing acquisition of troubled plants in a bid to expand its energy portfolio. CESC is evaluating several proposals and the process of identification is on. We are looking at many troubled power projects but many of them are also very challenged. To fund such inorganic as well as organic growth, CESC is now in lookout for raising fresh equity from institutional investors.
CESC Limited, Annual General Meeting, Oct 18, 2014
Sep 29 14
CESC Limited, Annual General Meeting, Oct 18, 2014., at 10:30 Indian Standard Time. Location: Sscience city main auditorium. Agenda: To open the proposed issue, or the date on which the holder of the securities which are convertible into or exchangeable into equity shares at a later date.
CESC Limited Appoints Pratip Chowdhury as Additional Director and Independent Director, Effective from October 01, 2014
Sep 22 14
CESC Ltd. has announced that the board of directors of the company at its meeting held on September 22, 2014, has decided to appoint Mr. Pratip Chowdhury as an Additional Director of the company from October 01, 2014 and also as its Independent Director for a term of five years.
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