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.
The 400kV Udupi-Kasargode transmission system being developed by Sterlite Power, under tariff-based competitive bidding (TBCB) mode, is envisaged for completion by March 2022, which will be eight months ahead of schedule. EPC contracts for major project elements have recently been awarded.