The Union Budget 2021 presented today (February 1, 2021) has allocated a higher Rs.1,455 crore towards specific power system strengthening projects in FY22.
Tata Power has received the letter of intent from Odisha Electricity Regulatory Commission (OERC) for taking over distribution and retail supply of electricity in Odisha’s five circles of North Eastern Supply Company of Odisha Ltd. (NESCO). With this, the integrated power utility has effectively taken over power distribution activities of the entire eastern state.