Purvah Green Power, the renewable energy arm of CESC Limited, has strengthened its long-term clean power portfolio after receiving and accepting a Letter of Award from REMC Limited, as disclosed in a regulatory filing.

The Letter of Award, dated 23rd December, 2025, was issued following an open competitive bidding process. This process was for the development of grid-connected renewable energy power projects. There is an option of integrating energy storage systems as part of the project. The project involves supplying round-the-clock (RTC) renewable power, underscoring a focus on reliable, continuous green energy generation.

Under the terms of the award, Purvah Green Power will supply 180 MW of RTC power. The contract will remain in force for 25 years from the date the project is commissioned. This provides the company with long-term revenue visibility.

Separately, in October, CESC reported a strong financial performance for the second quarter. The company’s net profit rose 20.4% year over year to Rs 425 crore. This was up from Rs 353 crore in the same period last year. Revenue increased 12% to Rs 5,267 crore from Rs 4,700 crore, while EBITDA grew 18.4% to Rs 1,061 crore from Rs 896 crore a year earlier.

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