CESC arm wins 180 MW renewable power LoA from REMC

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

CESC · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹168.50

prior close

₹168.23

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%-0.3% vs market

Power peers, median of 34sector · industry level-0.5%+0.3% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Smallcap 250 and 0.3 pts more than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

+0.1

15m

+0.0

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+0.1-0.3-0.5+0.3

Next day

-1.0-0.1-0.9-0.6-0.4

-2.3-0.7-1.7-2.0-0.3

-1.8-0.9-1.0-1.7-0.1

-0.9+0.3-1.2-0.4-0.5

-0.6+0.2-0.8+0.5-1.1

+2.7+1.3+1.4+1.1+1.6

15d

-7.7-2.6-5.2-4.5-3.2

-15.9-7.8-8.2-8.9-7.0

-7.3-4.2-3.1-2.4-4.9

-10.7-12.4+1.7-11.7+1.0

UpDownMarket · Nifty Smallcap 250Sector · Power peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CESC's subsidiary Purvah Green Power received a Letter of Award from REMC Limited to set up 180 MW grid-connected renewable energy projects for round-the-clock power supply. Tariff fixed at Rs 4.35 per kWh, contract term 25 years from commissioning. Awarded via open competitive bidding. Domestic order with no related party interest.

Likely market impact

Positive. Long-term revenue visibility of roughly Rs 600-700 crore per year, strengthens CESC's green energy portfolio and earnings base.