Thursday, January 17, 2019

All about CESE:


  • CESE = Calcutta Electric Supply Corporation
  • History of CESE:
    • The first demonstration of electric light in Calcutta was conducted on July 24, 1879 by P W Fleury & Co. In 1881, 
    • 36 electric lights lit up a Cotton Mill of Mackinnon & Mackenzie. 
    • The Government of Bengal passed the Calcutta Electric Lighting Act in 1895. 
    • The first license covered an area of 5.64 square miles (14.6 km2). 
    • On 7 January 1897 Kilburn & Co. secured the Calcutta electric lighting license as agents of The Indian Electric Company Limited. 
    • The company soon changed its name to the Calcutta Electric Supply Corporation Limited and in 1897, The Calcutta Electric Supply Corporation Limited was registered in London.
    • On 17 April 1899, the first thermal power plant of The Calcutta Electric Supply Corporation Limited was commissioned at Emambagh Lane near Prinsep Ghat, heralding the beginning of thermal power generation in India. 
    • The Calcutta Tramways Company switched to electricity from horse-drawn carriages in 1902. 
    • Three new power generating stations were started by 1906. 
    • The company was shifted to the Victoria House in Dharmatala, Kolkata in 1933, and still operates from this address.
    • In 1970, the control of the Company was transferred from London to Calcutta. 
    • In 1978 it was named "The Calcutta Electric Supply Corporation (India) Ltd." 
    • The RPG Group was associated with The Calcutta Electric Supply Corporation (India) Limited from 1989, and the name was changed from The Calcutta Electric Supply Corporation (India) Limited to CESC Limited. 
    • In 2011, CESC became a part of the RP-Sanjiv Goenka Group, which was formed on 13 July 2011 by Sanjiv Goenka, the youngest son of Dr RP Goenka, the late founder of RPG Enterprises.
  • Currently, CESE is the Sole distrubutor of Electricity for 567 sq km of Kolkata and Howrah - serving 2.9 million domestic, industrial and commercial users.
  • Operates 3 thermal plants for 1125MW
  • In house power generation takes care of 88% of electricity requirements.
  • 50% of coal used for power generation from captive mines
  • T&D system comprises 474 km circuit of transmission lines.
  • Restructuring plans: for Value unlocking
    • Split into 4 entities with specific focus. 10 Shares of CESE will get
      • Power generation - 5 shares
      • Power distribution - 5 shares
      • Retail - Spencer's Retail - 6 shares
      • Other busiensses - 2 shares.
    • Spencers retail has presence in 35 cities.
    • All 4 companies to be listed in the market.

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