CESC Limited

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CESC LIMITED
Type Privately held company
Industry Conglomerate
Founded Kolkata, India
Founder(s) R. P. Goenka[1]
Headquarters Kolkata, India
Key people RP Goenka (Chairman Emeritus) Sumantra Banerjee (M.D) Sanjiv Goenka (Vice chairman)
Products Power
Revenue INR40,922.9 million (US$750 million) (2011)
Employees 10,000+(2010)
Website http://cesc.co.in
Victoria House, the headquarters of CESC

The Calcutta Electric Supply Corporation or CESC(NSE: CESC) [2] BSE: 500084[3] is an Indian electricity generation and distribution company serving the area administered by the Kolkata municipal corporation, in the city of Kolkata, as well as parts of Howrah, Hooghly, 24 Parganas (North) and 24 Parganas (South) districts in the state of West Bengal.

History[edit]

On 7 January 1897 Kilburn & Co. secured the Calcutta electric lighting license as agents of The Indian Electric Company Limited. The company soon changed its name to the Calcutta Electric Supply Corporation Limited. The first power generating station was begun on 17 April 1899 near the Princep Ghat. The Calcutta Tramways Company switched to electricity from horse drawn carriages in 1902. Three new power generating stations were started by 1906. The company was shifted to the Victoria House in Dharmatala in 1933, and still operates from this address.

Load-shedding (interruption of power supply due to shortage of electricity) was common in Kolkata during 1970s and 1980s. In 1978 the company was christened as The Calcutta Electric Supply Corporation (India) Limited. The RPG Group was associated with The Calcutta Electric Supply Corporation (India) Limited from 1989, and the name was changed from The Calcutta Electric Supply Corporation (India) Limited to CESC Limited.

Recently[when?] the Calcutta power grid has seen progressively better performance and fewer outages. In the power sector, CESC, currently having a generating capacity of 1225 MW, has major plans to expand generating capacity to 7000 MW over the next five or six years. The new power generating projects – thermal, hydel and solar—will involve investments of more than 300 billion. Presently CESC Ltd is the flagship company of RP-SANJIV GOENKA GROUP.

Generating Stations are at:[4]

  1. Budge Budge
  2. Titagarh
  3. Southern
  4. New Cossipore

References[edit]

  1. ^ "RPG Group Turnover To Get A Boost From Power, Tyre". Financialexpress.com. 24 July 2002. Retrieved 2010-07-27. 
  2. ^ http://www.nseindia.com/marketinfo/companyinfo/companysearch.jsp?cons=cesc&section=7
  3. ^ "BSE Plus". Bseindia.com. Retrieved 2012-02-02. 
  4. ^ http://www.cescltd.com/cesc/web/investor/helpdesk/document/CESC%20-%20Investor%20presentation%20July%6009.pdf

External links[edit]

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