CESC Subsidiary Purvah Green Power signs LOI with Klasscorp for 250 MW wind farm project
CESC Limited announced that its subsidiary, Purvah Green Power Private Limited, has issued a binding Letter of Intent (LOI) to Klasscorp Solutions Private Ltd. This LOI is for providing various consul...
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Why is CESC Limited in the news today?
CESC Limited (CESC) is in the news due to the announcement is a standard business update regarding a subsidiary's engagement with a third-party consultant for a future project. it does not contain immediate financial implications or significant strategic shifts that would warrant a positive or negative sentiment.
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CESC Subsidiary Purvah Green Power signs LOI with Klasscorp for 250 MW wind farm project
December 19, 2025, 12:35 PM
CESC Limited announced that its subsidiary, Purvah Green Power Private Limited, has issued a binding Letter of Intent (LOI) to Klasscorp Solutions Private Ltd. This LOI is for providing various consultancy services related to the acquisition of land for setting up a 250 MW wind farm project in Bijapur CTU, Karnataka.
Klasscorp will also provide other related services for the project. The LOI is valid for a period of one year from the Execution Date or the signing of definitive agreements, whichever occurs earlier.
CESC Limited has also clarified that the promoter, promoter group, or group companies of Purvah Green Power Private Limited have no interest in Klasscorp Solutions Private Ltd, indicating that this is not a related party transaction.
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