CESC , a prominent player in the Indian power sector, has announced a significant expansion into solar manufacturing through its wholly-owned subsidiary, CESC Green Power Ltd. The company plans to invest up to ₹5,000.00 crores in a comprehensive solar manufacturing project, marking a major step towards enhancing India's renewable energy capabilities.

Project Details

The ambitious project, as outlined in CESC's recent regulatory filing, encompasses several key components:

• A 3+ GW solar cell/module manufacturing plant
• Battery manufacturing facilities
• A 60 MW renewable energy power plant
• Various ancillary units

This multi-faceted approach demonstrates CESC's commitment to creating a robust solar manufacturing ecosystem.

Financial Support and Implementation

CESC Limited has pledged full financial backing to its subsidiary, CESC Green Power Ltd, to ensure the project's success. The parent company's support will include:

• Equity infusion
• Strategic assistance
• Facilitation of institutional funding

This comprehensive support underscores CESC's confidence in the project and its long-term vision for renewable energy.

Strategic Implications

The investment in solar cell and module manufacturing aligns with India's push for self-reliance in the renewable energy sector. By establishing a significant manufacturing capacity, CESC is positioning itself as a key player in the country's solar energy value chain.

Market Impact

This move by CESC Ltd is likely to have far-reaching implications for the Indian solar industry. The substantial manufacturing capacity could potentially reduce dependency on imports, create jobs, and contribute to the growth of the domestic renewable energy sector.

Conclusion

CESC Ltd's ₹5,000.00 crore investment plan represents a significant milestone in India's solar manufacturing landscape. As the project unfolds, it will be interesting to observe its impact on the company's financial performance and its role in shaping the future of India's renewable energy sector.

Investors and industry observers will be keenly watching the progress of this ambitious project, which has the potential to transform CESC's position in the renewable energy market.

CESC Limited has released the list of 90 investors set to participate in the highly anticipated RP-Sanjiv Goenka Group Investor Day, scheduled for September 8, 2025. The event, to be held in physical mode, will bring together a diverse array of financial institutions and investment firms.

Key Participants

The investor day will feature representation from some of the most prominent names in the financial sector, including:

• HDFC Asset Management Company Limited
• ICICI Prudential Asset Management Co. Ltd.
• Kotak Mahindra Asset Management Company Ltd.
• Morgan Stanley Investment Management
• UBS Securities
• Axis MF
• SBI Funds Management Ltd
• Nippon Life Asset Management Limited

Event Details

The RP-Sanjiv Goenka Group Investor Day is set to take place on September 8, 2025, in a physical format. This gathering provides an opportunity for CESC Limited to engage with current and potential investors, showcasing the company's performance, strategies, and future outlook.

Diverse Investor Profile

The participant list encompasses a wide range of financial entities, including:

• Mutual funds
• Insurance companies
• Asset management firms
• Investment advisors
• Broking houses

This diverse mix of attendees underscores the broad interest in CESC Limited and the RP-Sanjiv Goenka Group across various segments of the financial industry.

Flexibility in Attendance

CESC Limited has noted that changes to the participant list may occur due to unforeseen circumstances from either the company or the investors. This flexibility ensures that the event can accommodate last-minute adjustments while maintaining its high-profile nature.

Regulatory Compliance

In adherence to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, CESC Limited has formally submitted this information to the National Stock Exchange of India Limited and BSE Limited. This transparency aligns with the company's commitment to keeping shareholders and the market informed about significant corporate events.

The RP-Sanjiv Goenka Group Investor Day serves as a platform for CESC Limited to strengthen its relationships with the investment community and provide insights into its operations and future plans.