CESC Green Power to Invest ₹3,800 Crore in Uttar Pradesh Solar Project

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CNBC TV18•21-01-2026, 18:50
CESC Green Power to Invest ₹3,800 Crore in Uttar Pradesh Solar Project
- •CESC Green Power Ltd, a subsidiary of CESC Ltd, signed an MoU with the Uttar Pradesh government on January 20, 2026.
- •The agreement outlines a ₹3,800 crore investment for a 3 GW solar cell/module plant, a 60 MW solar power plant, and ancillary units.
- •The project also includes a Research & Development Lab and other infrastructural facilities in Uttar Pradesh.
- •This follows a similar in-principle approval for a ₹4,500 crore renewable manufacturing facility in Odisha's Dhenkanal district.
- •CESC shares closed down 0.92% at ₹145.80 on BSE on January 20.
Why It Matters: CESC's green arm is investing ₹3,800 crore in a major solar manufacturing and power project in Uttar Pradesh.
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