distribution licensee
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
Adani Electricity gets distribution licensee mandate for SEEPZ SEZ
- Oct 31, 2023
Adani Electricity has received the distribution licensee mandate for the SEEPZ special economic zone (SEZ) in Mumbai. An official company release said that “AEML SEEPZ Ltd” (ASL) has been granted the distribution license to operate as a dedicated utility 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
Cabinet approves formation of “DNH-DD Power Distribution Corporation Ltd”
- Nov 25, 2021
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the formation of a special purpose vehicle to privatize electricity distribution business in the Union Territory of Dadra & Nagar Haveli and Daman & Diu. Accordingly, the formation Read more
Privatization of power distribution in DNH & DD: Supreme Court stays Bombay HC order
- Jul 14, 2021
Torrent Power, in a stock exchange filing, communicated that the Supreme Court of India has issued a stay on a Bombay High Court interim order regarding privatization of power distribution in the Union Territory of Dadra Nagar Haveli Read more
Tata Power formally takes over NESCO operations on April 1
- Apr 2, 2021
Tata Power formally took over the management and operations of NESCO (North Eastern Electricity Supply Company of Odisha) upon completion of the sale process, on April 1, 2021. NESCO will now operate under the company name “TP Northern Odisha Read more
CCI approves Tata Power’s 51 per cent stake acquisition in NESCO
- Mar 20, 2021
The Competition Commission of India (CCI) has approved the acquisition of 51 per cent stake in Odisha power utility NESCO from Grid Corporation of Odisha (GRIDCO). In a press statement, the commission said, “CCI approves acquisition of 51 per Read more
Torrent Power emerges frontrunner for DNH & DD discom privatization
- Feb 22, 2021
Torrent Power has emerged as the frontrunner in the privatization of power distribution in the Union territory of Dadra & Nagar Haveli and Daman & Diu. (DNH & DD) In a stock exchange filing, Torrent Power said that it 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