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CESC goes big on solar with ₹3,800 Cr MoU for 3 GW plant in Uttar Pradesh

CESC Limited announced subsidiary CESC Green Power signed MoU with Uttar Pradesh government for solar cell module plant solar power plant Rs 3800 crore investment.
CESC Limited logo displayed over smart electricity meter panel

Introduction

Leading power sector subsidiary signed an MoU with the Uttar Pradesh government to establish large-scale solar manufacturing, generation facilities, and allied infrastructure with planned ₹3,800 crore investment.

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Share price movement of CESC

On January 22, 2026, CESC Ltd opened at ₹146.20, up 0.65% from its previous close of ₹145.25. The stock touched a high of ₹148.25 (2.06%) and a low of ₹144.70 (-0.38%). By 12:53 PM, it traded at ₹146.20, a 0.65% gain, with a market capitalisation of ₹19,379.84 crore.

CESC Green Power MoU Signed

CESC Limited informed exchanges that its subsidiary, CESC Green Power Limited, signed an MoU on January 20, 2026, with the Governor of Uttar Pradesh for renewable projects.

The MoU covers a 3 GW solar cell and module plant, 60 MW solar power plant, R&D lab, and infrastructure facilities in Uttar Pradesh, involving an investment of around ₹3,800 crore.

Stock performance of CESC for Period of 1 week, 6 months, and 1 year

CESC Ltd declined 7.61% over the past week and fell 13.8% in the past month. The stock dropped 16.2% in six months and rose 1.86% over one year.

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Shareholding pattern of CESC

ParticularsDec 2025Sep 2025Jun 2025
Promoter52.10%52.10%52.10%
FII11.90%11.10%10.90%
DII25.60%25.70%25.40%
Public10.40%11.10%11.60%

About CESC

CESC Ltd (NSE: CESC) is an electricity generation and distribution company, incorporated in 1978, and the flagship power business of the RP-Sanjiv Goenka Group.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is CESC Ltd share price rising today?

A: CESC Ltd subsidiary CESC Green Power signed an MoU with Uttar Pradesh government for solar projects worth ₹3,800 crore.

Q: What is CESC Ltd’s main business focus?

A: CESC Ltd is engaged in electricity generation and distribution, operating as the flagship power company of the RP-Sanjiv Goenka Group.

Q: What is the 52-week high and low of CESC Ltd stock?

A: CESC Ltd stock recorded a 52-week high of ₹185.25 and a 52-week low of ₹119.00 on Indian stock exchanges.

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जैन: 6% अमेरिकी बॉन्ड यील्ड का भारतीय बाजार पर प्रभाव इक्विटी वैल्युएशन में गिरावट का जोखिम पैदा कर सकता है

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