CESC Green Power Commits ₹5,000 Crore to Expand India’s Solar, Battery, and Renewable Energy Infrastructure – EQ
In Short : CESC Green Power, a subsidiary of CESC Ltd., is investing ₹5,000 crore in clean energy projects across India. The initiative includes a 3+ GW solar cell/module manufacturing plant, battery production facilities, a 60 MW renewable energy power plant, and ancillary units. The investment aims to expand CESC’s renewable portfolio, boost domestic manufacturing, create jobs, and support India’s clean energy targets.
In Detail : CESC Green Power, a wholly-owned subsidiary of CESC Ltd., is investing ₹5,000 crore in clean energy projects across India. The investment encompasses a 3+ GW solar cell and module manufacturing plant, battery production facilities, a 60 MW renewable energy power plant, and various ancillary units to strengthen the company’s renewable energy portfolio.
The solar manufacturing facility will serve as the cornerstone of this initiative, aiming to meet the growing domestic demand for solar components. By producing high-quality solar cells and modules locally, the project is expected to reduce dependence on imports and enhance energy security.
Battery manufacturing is another key component of the investment. By providing efficient energy storage solutions, the facility will address the intermittency of renewable energy sources, improve grid reliability, and enhance the overall efficiency of solar and hybrid power systems.
The 60 MW renewable energy power plant will directly contribute clean electricity to the grid. This plant supports India’s target of achieving 500 GW of non-fossil fuel capacity by 2030, promoting sustainable energy and reducing the country’s carbon footprint.
CESC Ltd. has committed full financial support to ensure the successful execution of these projects. This includes equity infusion, strategic guidance, and facilitation of institutional funding, reflecting the company’s dedication to sustainable energy development and operational excellence.
The investment aligns with CESC’s broader plan to expand its clean energy pipeline. Through its renewable arm, Purvah Green Power, the company aims to build a 10 GW portfolio, including 3.2 GW of hybrid wind and solar projects expected to be commissioned by FY29.
The projects are expected to generate significant employment opportunities in manufacturing, construction, and operations. This contributes to economic growth, aligns with government priorities for job creation, and fosters skill development in India’s renewable energy sector.
The solar manufacturing facility will strengthen India’s domestic production capabilities and position CESC Green Power as a major player in the solar industry. This move is expected to support innovation, lower costs, and ensure a steady supply of components for renewable energy projects nationwide.
Overall, CESC Green Power’s ₹5,000 crore investment signifies a strong commitment to sustainable development. The initiative will create jobs, boost domestic manufacturing, contribute to clean energy targets, and support India’s transition toward a greener and more resilient energy future.
