In a world that's racing toward a greener future, CESC has taken a big leap. On April 27, 2025, the company announced that it had signed a Power Purchase Agreement (PPA) with its wholly-owned subsidiary, Bhojraj Renewables Energy. The deal? A massive 300 MW wind-solar hybrid power project at a tariff of Rs 3.81 per kWh for the next 25 years.
The agreement, however, still awaits approval from the West Bengal Electricity Regulatory Commission (WBERC). But this move is already being seen as a major step forward, not just for CESC, but also for India's clean energy goals.
Why This Matters
With growing concerns over climate change, hybrid energy projects like CESC's are the need of the hour. Unlike pure solar or pure wind plants, hybrid models combine both technologies. This helps in optimizing energy generation because when the sun isn't shining, the wind might still be blowing — and vice versa. The result? More consistent power supply with reduced dependence on fossil fuels.
For CESC, a company traditionally known for conventional power generation, this new project reflects a strong commitment to future-proofing its business. It's no longer just about supplying electricity; it's about how sustainably you can do it.
The Numbers Behind the Deal
While Rs 3.81 per unit might sound slightly higher than recent large solar project bids (which have touched lows around Rs 2.50–?3.00/kWh), remember: this is hybrid energy — offering much better stability.
Hybrid projects also help states like West Bengal ensure grid reliability, especially during peak demand periods, which is a win-win situation.
CESC’s Green Vision
CESC has already hinted that it plans to increase its renewable energy footprint significantly over the next few years. This project is just the beginning of what could be a major shift in the company’s energy mix.
By combining solar and wind, CESC is not only reducing its carbon emissions but also ensuring it remains competitive in a rapidly changing power market.
Interestingly, India itself has a target of reaching 500 GW of non-fossil fuel capacity by 2030. Projects like CESC’s hybrid venture directly contribute to this national mission.
What’s Next?
While the project still requires regulatory nods, industry experts believe that hybrid projects are the future of India's energy sector. States like Gujarat, Maharashtra, and Tamil Nadu have already ramped up their hybrid project announcements. If West Bengal, through CESC, jumps onto this bandwagon, it could unlock newer opportunities for both industrial growth and environmental sustainability.
As more businesses prioritize ESG (Environmental, Social, and Governance) goals, CESC’s green move looks well-timed. It positions the company not just as a power supplier, but as a key player in India’s clean energy revolution.
Quick Takeaway:
CESC's new 300 MW hybrid project is not just another energy contract — it's a smart investment in a cleaner, greener, and more sustainable tomorrow.
Stay tuned for updates once the WBERC gives its nod!
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