The domestic contract will be executed over a 25-year period from commissioning.
The agreed tariff for the power supply is Rs 4.35 per kWh. The company confirmed that neither its promoters nor group companies have any interest in REMC, and the transaction is not a related party deal.
CESC is a fully-integrated electrical utility company. The company's other business segments include power, organized retailing, property development and business process outsourcing.
The company’s consolidated net profit jumped 20.4% to Rs 425 crore on 12.1% increase in net sales to Rs 5,267 crore in Q2 FY26 over Q2 FY25.
Shares of CESC shed 0.33% to Rs 167.85 on the BSE.