CESC Limited has announced that its subsidiary, Purvah Green Power Private Limited, has signed a framework agreement with Envision Energy India Private Limited for the supply and commissioning of wind turbine generators (WTGs) totaling 1 gigawatt (GW).
Under the terms of the agreement, Envision will also provide operations and maintenance (O&M) services for the WTGs for a period of 10 years following their commissioning. The schedule for supply and commissioning will be finalized in due course.
The agreement is structured as a long-term partnership focused on renewable energy infrastructure. The O&M services are set to begin from the weighted average date of commissioning and will cover a minimum term of ten years.
CESC confirmed that this agreement does not constitute a related party transaction, as the promoter group or associated entities of Purvah Green Power have no financial or operational interest in Envision Energy.
This development aligns with CESC’s ongoing efforts in expanding its footprint in the renewable energy sector through its subsidiaries.
