Investment19 Sept 2025, 11:09 am
CESC Ltd Subsidiary to Invest INR 5,000 Crores in Solar Cell/Module Manufacturing
AI Summary
CESC Green Power Ltd, a wholly owned subsidiary of CESC Ltd, is setting up a solar cell/module plant and other value chain/ancillary manufacturing across various locations in India. The project includes a 3+ GW solar cell/module plant, battery manufacturing, a 60 MW RE power plant, and various ancillary units, with an estimated total capital investment of up to INR 5,000 Crores. CESC Limited will provide financial support to CESC Green Power Ltd for the successful financial closure and implementation of the project, which may include equity infusion, strategic assistance, and facilitating institutional funding.
Key Highlights
- CESC Green Power Ltd is setting up a 3+ GW solar cell/module plant and other ancillary units with an estimated investment of INR 5,000 Crores.
- The project includes battery manufacturing and a 60 MW RE power plant.
- CESC Limited will provide financial support through equity infusion, strategic assistance, and institutional funding.
- The project is being set up across various locations in India.
- CESC Green Power Ltd is a wholly owned subsidiary of CESC Ltd.