Higher sales, operational efficiency to drive CESC’s revenue growth in FY23: Emkay Global
With a 210 MW medium-term power purchase agreement (PPA) from CESC’s 600 MW Dhariwal unit, expectation of lower loss in Kota distribution licensee area, and demand growth in Noida distribution area, CESC is likely to see a double-digit growth in its earnings in FY23 with reduction in T&D losses contributing to growth.
