Spencer

Power utility CESC, which is increasingly focusing on renewable energy, has decided to pump in Rs 3,000 crore over 18 months to expand its capacity in this area to 500 MW.

Aim to provide power connections same day by 12 mths: CESC

The company reported a loss of Rs 490 crore at a net level for FY15 which reflected in its results.

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The company has nearly 24.9 lakh shares of CESC which are valued at around Rs 115 crore.

CESC may partner with Shanghai Electric for power projects

Sanjiv Goenka, vice chairman of CESC, said that the power sector still continues to be a good play but power projects are not a good play to begin with. As far as Ultra Mega Power Projects are concerned, Goenka said that the company may partner with Shanghai Electric for the same.