CESC Subsidiary Purvah Green Power Inks 1 GW Wind Energy Deal with Envision Energy

CESC Limited, a leading power utility, has taken a major step in its renewable energy journey through its subsidiary Purvah Green Power Private Limited. On 4th June 2025, the company announced that Purvah has signed a framework agreement with Envision Energy India Private Limited, signalling a significant commitment to wind energy infrastructure in India. This move is in line with broader efforts to support sustainable power generation.

Purvah Green Power’s Partnership with Envision Energy 

Purvah Green Power Private Limited, a subsidiary of CESC Limited, has entered into a framework agreement with Envision Energy India Private Limited for the supply and commissioning of wind turbine generators (WTGs) totalling 1 gigawatt. These WTGs will be supplied and installed, with the timeline to be finalised in due course. The agreement also includes a comprehensive operation and maintenance service contract for a minimum of ten years following the weighted average commissioning date of the WTGs.

This partnership marks a substantial step in the growth of CESC’s renewable energy capabilities, particularly in wind power, and highlights the company’s intent to diversify its energy portfolio.

Nature and Scope of the Agreement

The agreement clearly states that the promoter, promoter group, or group companies of Purvah have no interest in Envision Energy India. Therefore, this is a purely commercial arrangement between the two entities. The collaboration does not fall under any related party framework and is aimed at strengthening Purvah’s operational scope through strategic technological partnerships.

This long-term association covers both equipment supply and ongoing maintenance, ensuring the sustained performance of the installed wind turbine generators.

Read More: CESC Signs Power Purchase Agreement for 300 MW Wind-Solar Hybrid Project!

CESC Share Price Performance 

As of June 05, 2025, at 9:20 AM, CESC  share price is trading at ₹168.51 per share, reflecting a decline of 0.21% from the previous closing price. Over the past month, it has surged by 2.15%.

Conclusion

The collaboration between Purvah Green Power and Envision Energy India represents a forward-looking move by CESC Limited in the field of renewable energy. With a focus on wind power and a decade-long operational support plan, the agreement reinforces the company’s strategic commitment to clean energy and long-term infrastructure development.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.