CESC subsidiary Purvah wins 175 MW wind power LoA from SECI

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

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₹162.26

prior close

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Nifty Smallcap 250market-0.0%+1.0% vs market

Power peers, median of 36sector · industry level-0.1%+1.1% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Smallcap 250 and 1.1 pts more than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Smallcap 250Sector · Power peers, median of 36Pending

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AI summary

CESC Limited's subsidiary Purvah Green Power has received a Letter of Award from Solar Energy Corporation of India (SECI) for setting up a 175 MW grid-connected wind power project under tariff-based competitive bidding. The tariff is fixed at Rs 3.85 per kWh, with a 25-year power supply period from the scheduled commencement date. The LOA was issued on August 5, 2026, under SECI-Tranche-XX.

Likely market impact

Positive - long-term renewable energy order for subsidiary, adding 175 MW capacity under a 25-year PPA at fixed tariff of Rs 3.85/kWh.