distribution franchisee
Torrent Power sees lower distribution losses in FY24
- Nov 11, 2023
Torrent Power witnessed an overall reduction in distribution losses across its licensed and franchised areas during the first half (H1: April to September) of FY24. According to an investor presentation filed by Torrent Power on stock exchanges, the company Read more
‘Government overview is much needed in power distribution’
- Jun 6, 2023
Power distribution is a very sensitive area and improving this vital link in the power value chain will need government review alongside private sector entrepreneurship and expertise, noted Sanjay Banga, President – T&D, Tata Power, in a recent Read more
Torrent Power: Distribution business grows by over 60 per cent in FY23
- May 31, 2023
The distribution business -- both franchisee and licensee -- of Torrent Power witnessed a growth of 63 percent in terms of volume of electricity purchased. According to an investor presentation filed by Torrent Power on stock exchanges, total electricity Read more
Torrent Power sees lower losses in franchisee areas
- Nov 15, 2022
Torrent Power has witnessed significantly lower losses in its distribution franchisee areas during H1 (April to September) of FY23. According to an an investor presentation filed on stock exchanges, Torrent Power has seen reduction in losses Read more
Torrent Power cuts T&D losses in Q1 of FY22
- Aug 10, 2021
Torrent Power has seen significant reduction in T&D losses across its licensed and franchised distribution areas, during the first quarter of FY22. In an investor presentation, Torrent Power said that T&D losses in both its licensed Read more
Torrent Power records slightly higher T&D losses in FY21
- May 21, 2021
Though Torrent Power did well to contain T&D losses in its licensed and franchised areas in FY21, the performance could match up with FY20. In the Surat, Ahmedabad and Gandhinaagar areas in Gujarat, composite T&D losses during FY21 were Read more
Electricity consumers empowered in unprecedented government move
- Dec 22, 2020
The Union ministry has promulgated rules laying down the rights of power consumers in the country. This is for the first time that electricity consumers have been empowered against errant actions of power distribution utilities. While issuing these rules Read more
CESC restricts losses of Rajasthan circles in H1 of FY21
- Nov 18, 2020
CESC has managed to restrict aggregate financial losses in its three distribution franchisee circles of Rajasthan during the first half (April to September) of FY21. However, revenues from Rajasthan were also lower, year-on-year, during the period. In an investor Read more
Torrent Power to invest Rs.150 crore in new Maharashtra franchise
- Nov 6, 2020
Torrent Power expects to invest Rs.150 crore in the Shil-Mumbra-Kalwa franchise area in Maharashtra. These subdivisions were handed over to Torrent Power, under the distribution franchisee model, on March 1, 2020. This investment of Rs.150 crore will be made Read more
Tata Power aims at trebling distribution business
- Nov 2, 2018
Tata Power is keen to substantially grow its power distribution business, according to the company’s MD & CEO Praveer Sinha. Its current customer base of around 2.2 million consumers is likely to grow to 10 million in the Read more