Disclosure under Regulation 30 of SEBI LODR Regulations
CESC Limited submitted a regulatory disclosure dated August 6, 2026, regarding its subsidiary Purvah Green Power Private Limited receiving a Letter of Award from Solar Energy Corporation of India Limited (SECI).
Nature of the Event
Purvah Green Power Private Limited, a subsidiary of CESC Limited, received a Letter of Award (LOA) from Solar Energy Corporation of India Limited (SECI) on August 5, 2026. The award was made pursuant to Purvah's response submitted for the Request for Selection for setting up of 2000 MW ISTS-Connected Wind Power Projects in India under Tariff-Based Competitive Bidding (SECI-Tranche-XX).
Contract Details
- Awarding Entity: Solar Energy Corporation of India Ltd (SECI)
- Project Type: 175 MW Grid Connected Wind Power Project
- Bidding Process: Tariff-based Competitive Bidding
- Entity Type: Domestic Entity
- Contract Nature: Power supply from Wind Power Project with 175 MW Capacity
- Contract Duration: 25 years from the scheduled commencement of supply date
- Tariff Rate: ₹3.85 per kWh
- Geographic Scope: Domestic
Corporate Governance Aspects
The disclosure confirms that:
- Promoter/promoter group/group companies have no interest in SECI
- The contract does not qualify as a related party transaction
- The transaction is not required to be conducted at "arm's length" as it's not a related party transaction