CESC (CESC) RPSG Investor Day 2025 Presentation summary

Strategic growth vision and financial targets

• Aims to double consolidated PAT by 2030, driven by renewables, distribution expansion, and cost optimization.

• Plans to add 3.2 GW renewable capacity by FY29 and scale to 10 GW by FY32, with 3 GW solar cell and module manufacturing by 2027.

• Distribution capex of Rs 6,000 Cr in Phase 1 and Rs 23,000+ Cr overall, with higher cash profits to fund growth.

• Pursuing new distribution licenses and privatization, especially in Uttar Pradesh, to capture market opportunities.

• Cost optimization and regulatory initiatives to enable full recovery and realization of regulatory income.

Operational excellence and digital transformation

• Power sales grew at 7% CAGR in FY21-25 across key distribution areas, with T&D losses significantly below national average.

• Digitalization initiatives include AI/ML-powered customer service, mobile apps, and high digital bill collection rates (>93%).

• Smart technologies deployed: AMR meters, SCADA, RMU automation, and centralized monitoring for improved reliability.

• Seamless takeover of Chandigarh Power with Rs 1,000 Cr capex planned for network and operational upgrades.

• Aggressive loss reduction and collection efficiency measures in Malegaon DF, targeting PAT breakeven in 3 years.

Renewable energy and sustainability focus

• 3.2 GW of hybrid renewable projects under construction, with 1,200 MW in first phase to be commissioned by Mar 2029.

• Secured PPAs and connectivity for major projects; 2 GW of renewables to supply own discoms.

• Falling module costs and favorable regulations make renewables highly attractive for future growth.

• Environmental initiatives include 0.89 tCO2eq/MWh GHG intensity, 100% fly ash utilization, and zero waste to landfill.

• Social and governance achievements: HR and environment awards, high CSR impact, and strong board independence.