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Cesc News

17 Aug 2015

CESC average Electricity tariff for 2015-16 remains flat

CESC Managing Director Aniruddha Basu told PTI that average tariff for 2015-16 remained same at Rs 6.97 a unit as cleared by state regulator.

31 Jul 2015

CESC lines up Rs 3,000cr for renewables, acquisitions on radar

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.

14 Dec 2014

Spencer's demerger plan from CESC hinges on break-even

The demerger of Spencer's Retail from RP-Sanjiv Goenka Group's flagship company CESC Ltd to unlock its value hinges upon break-even of the retail chain, a top official said.

17 Jul 2014

Power stocks surge as DERC approves tariff hike

Shares of power companies moved higher, surging as much as 4 percent today, after the Delhi Electricity Regulatory Commission (DERC) approved tariff hike for in Delhi region FY15. CESC climbed 3.85 percent, while Adani Power gained 3.28 percent and Tata Power rose by 3.53 percent on the BSE.

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