CESC Limited has moved ahead with its renewable energy sourcing strategy by formalising long-term power purchase agreements (PPAs) for wind-solar hybrid power projects.
The agreements mark a key step in strengthening its clean energy portfolio through diversified supply partnerships.
The company has executed agreements for procurement of a total 600 MW of hybrid renewable energy capacity. This includes power sourcing from four developers, covering a mix of internal and external project partners.
The capacity allocation comprises 300 MW from a subsidiary entity and 300 MW collectively from three independent developers.
The PPAs have been signed with Vismaya Renewables, Hexa Climate Solutions, Sprng Energy, and Purvah Green Power (a subsidiary of CESC).
Each agreement is structured as a long-term arrangement, ensuring stable renewable energy supply over an extended period.
The agreements are designed for a tenure of 25 years, providing long-term visibility on renewable power procurement.
Tariffs for these projects are in the range of approximately ₹3.74-₹3.75 per kWh, reflecting competitively discovered rates under tariff-based bidding.
The addition of wind-solar hybrid power aligns with CESC’s broader strategy of diversifying its energy mix and increasing reliance on renewable sources.
Hybrid projects, combining wind and solar generation, offer improved efficiency and stability compared to standalone renewable assets.
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As of 16 April 2026, at 3:30 PM, CESC share price closed at ₹170.80 per share, reflecting a surge of 4.56% from the previous closing price.
CESC’s execution of long-term PPAs for 600 MW of hybrid renewable power strengthens its clean energy sourcing strategy and provides long-term supply visibility at competitive tariffs.
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.
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Published on: Apr 17, 2026, 9:06 AM IST
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