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CESC Limited Capital/Financing Update 2025

Jan 7, 2025

61470_rns_2025-01-07_23fbe757-114f-48e4-be74-3cf5bbe87ccf.pdf

Capital/Financing Update

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National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor, Plot No. C/1, G- Block, Bandra – Kurla Complex, Bandra (East), Mumbai – 400 051 SCRIP CODE: CESC

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 SCRIP CODE: 500084

Dear Sir/ Madam,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with relevant circulars issued by the Securities and Exchange Board of India, we would like to inform that CESC Limited (CESC) has issued the Letter of Award to Purvah Green Power Private Limited (Purvah), a subsidiary of CESC, pursuant to the response submitted by Purvah on the Request for Selection document issued by CESC in terms of the “Guidelines for tariff Based Competitive Bidding Process for procurement of Power from Grid Connected Wind Solar Hybrid Power Project” dated August 21, 2023 issued by Ministry of Power, Government of India and amended from time to time, for setting up of Wind-Solar Hybrid Power Project of 150 MW with additional 150 MW capacity under Greenshoe option as per the details mentioned in “ Annexure-A ”.

Thanking you. Yours faithfully, For CESC Limited

JAGDISH PATRA Digitally signed by JAGDISH PATRA Date: 2025.01.07 18:37:51 +05'30'

Jagdish Patra Company Secretary & Compliance Officer

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Annexure-A

Sl.
No.
Particulars Details
1 Name of the entity to which order(s)/
contract(s) is awarded
Purvah Green Power Private Limited (Purvah)
2 Whether order(s) / contract(s) is awarded
to domestic/ international entity
Domestic Entity
3 Significant terms and conditions of
order(s)/contract(s) awarded, in brief;
Selection of Purvah for setting up of Wind-
Solar Hybrid Power Projects of 150 MW ISTS
connected Wind-Solar Hybrid Power Projects
in India under Tariff-based Competitive
Bidding with an additional 150 MW capacity
under Greenshoe option (Project).
4 Time period, if any, associated with the
order(s)/contract(s)
The power purchase agreement to be signed
will remain in force for a period of 25 years
from the scheduled commencement of supply
date.
5 Broad commercial consideration or size of
the order(s)/contract(s);
Size of the project is 150 MW ISTS connected
Wind-Solar Hybrid Power Projects in India
under Tariff-based Competitive Bidding with
an additional 150 MW capacity under
Greenshoe option.
6 Whether
the
promoter/
promoter
group/group companies have any interest
in
that
entity
to
whom
the
order(s)/contract(s) is awarded? If Yes,
nature of interest and details thereof;
Yes.
Purvah, is a Subsidiary of CESC Limited.
7 Whether the same would fall within
related party transactions? If yes, whether
the same is done at “arm’s length”.
Yes.
The aforesaid Projects is under tariff based
competitive bidding and is at arm’s length
basis and in the ordinary course of business.