Category: Industry Overview
CESC, a RPG group company is foraying into hydel power generation where it plans to invest Rs. 150,000 million over a period of 6 years and to generate 2500 MW of power. The company estimates that variable costs in hydel power as low and expects higher margins. It also has been awarded 140 MW hydel project in Himachal Pradesh and is considering 4 such proposals , including one in Bhutan. It is also considering to take over hydel projects and is in talks with some firms.