CESC Limited has announced a key senior management change with the resignation of Mr. Kush Singh as Head of Power Sector, effective January 1, 2026. The company informed stock exchanges about this development through a regulatory filing on January 2, 2026, citing personal reasons for the departure.

Management Transition Details

The resignation follows Singh's formal request submitted in August 2025, where he expressed gratitude for the opportunity to work with the RPSG Group while citing pressing personal circumstances that prevented him from continuing beyond the calendar year.

Regulatory Compliance

CESC Limited filed the mandatory disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Jagdish Patra submitted the intimation to both National Stock Exchange of India Limited and BSE Limited, ensuring full regulatory compliance.

The filing included Singh's complete resignation letter along with all details required under SEBI Master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. In his resignation letter addressed to Shri Sabyasachi Bhattacharya, President - Corporate HR, RPSG Group, Singh acknowledged his positive experience working with the organization.

Corporate Communication

Singh described his tenure as "an amazing experience working in this elite group of outstanding professionals and a very focussed management." However, he emphasized that unavoidable personal circumstances made it impossible for him to continue his services beyond December 2025. The resignation was processed with Singh being relieved from his duties effective January 1, 2026, following the close of business hours on December 31, 2025.

Purvah Green Power Private Limited, a subsidiary of CESC Limited, has secured a major renewable energy contract worth 180 MW for round-the-clock power supply. The company announced receipt and acceptance of a Letter of Award from REMC Limited through a regulatory filing.

Purvah Green Power has secured a 25-year contract for round-the-clock renewable power supply through a competitive bidding process from REMC Limited.

Project Details and Contract Terms

The Letter of Award was issued on December 23, 2025, following an open competitive bidding process for establishing grid-connected renewable energy power projects. The project specifications and contract terms are outlined below:

The round-the-clock power supply requirement indicates the project will likely incorporate energy storage systems to ensure continuous power delivery, addressing one of the key challenges in renewable energy generation.

CESC's Recent Financial Performance

This project win comes on the back of strong financial results reported by CESC in October for the second quarter. The company demonstrated robust growth across key financial metrics:

Market Performance

Shares of CESC Limited closed marginally lower at ₹168.12 on the NSE on Friday. The stock performance reflects the market's response to the company's operational developments and financial results.

Strategic Significance

This contract award represents a significant step in CESC's renewable energy expansion strategy through its subsidiary Purvah Green Power. The 25-year contract duration provides long-term revenue visibility, while the round-the-clock power supply requirement positions the company in the growing market for reliable renewable energy solutions. The competitive bidding process victory demonstrates the subsidiary's technical capabilities and competitive positioning in the renewable energy sector.