CESC Unit Secures 175 MW Wind Power Project Order

KOLKATA, India — CESC Limited announced that its corporate unit has officially received a Letter of Award (LoA) issued by the Solar Energy Corporation of India (SECI) for the development of a 175 MW wind power project.

The contract, secured under a competitive tariff-based bidding framework, sets the supply rate at 3.85 rupees per kilowatt-hour (kWh) over a tenure of 25 years. This strategic clean energy win marks an important expansion for the Kolkata-based power utility as it scales up its non-fossil generation capacity to meet national sustainability targets and long-term decarbonization goals.

Expanding Renewable Energy Footprint

According to official corporate filings and project award disclosures released by CESC Limited, the 175 MW wind power installation will be integrated into the inter-state transmission system (ISTS) network.

+------------------------+-----------------------------------------------------------+
| Project Parameter      | Strategic Corporate Details                               |
+------------------------+-----------------------------------------------------------+
| Utility Enterprise     | CESC Limited (Kolkata, India)                             |
| Issuing Authority      | Solar Energy Corporation of India (SECI)                  |
| Award Capacity         | 175 MW Wind Power Project                                 |
| Tariff Rate & Tenure   | 3.85 Rupees per kWh for 25 Years                          |
+------------------------+-----------------------------------------------------------+

Management noted that securing long-term power purchase agreements (PPAs) at competitive tariffs aligns with the company's broader transition roadmap. The initiative reinforces structural shifts toward clean energy deployment, reducing reliance on conventional thermal generation while balancing cost efficiencies across consumer distribution networks.

Market Implications and Strategic Outlook

For institutional investors, energy consumers, and industry stakeholders, the project award highlights the steady expansion of utility-scale renewable assets across India. By locking in a predictable 25-year revenue stream at a stable tariff of 3.85 rupees per kWh, CESC strengthens its financial visibility and green energy portfolio.

Market analysts emphasize that such competitive build-outs are vital for helping major utilities comply with renewable purchase obligations (RPO) while protecting end-consumers from fossil fuel price volatility.

Official Sources Section

Details regarding the project award and corporate disclosures are referenced from:

• Official regulatory filings and corporate announcements published by CESC Limited Investor Desk.

• Tender allocation updates and policy frameworks hosted by the Solar Energy Corporation of India (SECI).

• Sector monitoring data compiled via the Ministry of New and Renewable Energy (MNRE).

Quote Section

"According to official company disclosures and regulatory filings, the Letter of Award issued by the Solar Energy Corporation of India establishes a 25-year framework for a 175 MW wind power project at a tariff rate of 3.85 rupees per kWh."

Why It Matters

For commercial consumers and regional power grids, large-scale wind energy integration provides a steady, diversified supply of clean electricity. Long-term fixed-tariff agreements insulate distribution networks from fuel cost shocks, promoting stable pricing structures and supporting national carbon reduction mandates.

Key Facts at a Glance

• Project Award: CESC Limited unit receives Letter of Award for a 175 MW wind power project.

• Issuing Body: Awarded by the Solar Energy Corporation of India (SECI).

• Tariff Structure: Fixed at 3.85 rupees per kilowatt-hour (kWh).

• Agreement Duration: Long-term Power Purchase Agreement spanning 25 years.

Frequently Asked Questions (FAQ)

What project was recently awarded to CESC Limited's unit?

The company received a Letter of Award from SECI to develop a 175 MW inter-state transmission system-connected wind power project.

What is the agreed tariff rate for the wind power project?

The power will be supplied at a competitive tariff rate of 3.85 rupees per kilowatt-hour (kWh).

What is the duration of the power purchase agreement?

The contract is secured for a tenure of 25 years under standard tariff-based competitive bidding guidelines.

Who issued the Letter of Award to CESC?

The Letter of Award was issued by the Solar Energy Corporation of India (SECI).

Source: CESC Limited, Solar Energy Corporation of India, Ministry of New and Renewable Energy.