power distribution
Odisha discoms, solar EPC orders boost Tata Power revenues in FY21
- May 13, 2021
Consolidated revenues of Tata Power in FY21 rose 14 per cent to Rs.33,079 crore from Rs.28,948 crore in FY20, mainly due to acquisition of power discoms in Odisha, and higher execution of solar EPC projects, a company release Read more
Mandatory annual energy audit for power distribution companies
- Apr 20, 2021
The Union power ministry, through a gazette notification dated April 15, 2021, has made it mandatory for power distribution companies to conduct an annual energy audit. So far, such an energy audit was required to be done once Read more
Chandigarh power distribution privatization: Bids to open on March 22
- Mar 20, 2021
Technical bids related to the power distribution privatization of the Union territory of Chandigarh are scheduled to open on March 22, 2021, according to reliable media reports. It is learnt that the following seven entities are in the race Read more
Central Odisha already seeing benefits of CESU privatization: Praveer Sinha
- Feb 20, 2021
Electricity consumers of Central Odisha are beginning to see the benefits of privatization of the power utility CESU, noted Praveer Sinha, MD & CEO, Tata Power. Praveer Sinha was addressing a special session “Transforming the Power Distribution Business” at Read more
Tata Power takes over NESCO, makes clean sweep of Odisha discoms
- Feb 1, 2021
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, Read more
Chandigarh power privatization: 17 buy RfPs, pre-bid meeting soon
- Jan 23, 2021
A pre-bid meeting of entities interested in the privatization of power distribution of the Union Territory of Chandigarh is expected to be held soon, media reports suggest. So far, around 17 entities have purchased the request for proposal (RfP) Read more
Tata Power takes over operations of Odisha discoms WESCO and SOUTHCO
- Jan 8, 2021
Tata Power, on January 7, 2021, announced that it has taken over the management and operations of WESCO and SOUTHCO, on January 1, 2021, upon completion of sale process. WESCO and SOUTHCO will operate under the company name as Read more
ADB and India sign loan agreement for Bengaluru power distribution upgrade
- Jan 5, 2021
Asian Development Bank (ADB) and the Government of India have recently signed a $100-million loan agreement to modernise and upgrade the power distribution system to enhance the quality and reliability of electricity supply in Bengaluru city in Karnataka. The 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
ADB approves loan to modernize power distribution in Bengaluru
- Dec 9, 2020
Asian Development Bank (ADB) recently approved a combined sovereign and non-sovereign loan of $190 million to modernize and upgrade the power distribution system in Bengaluru city, Karnataka. The ADB assistance for the Bengaluru Smart Energy Efficient Power Distribution Project Read more