CESU
TPCODL plans over Rs.250 crore investment in smart meters
- Aug 19, 2021
TP Central Odisha Distribution Ltd (TPCODL) has planned to invest over Rs.250 crore, in a phased manner, in its licensed area in central Odisha. According to a proposal submitted by TPCODL to Odisha Electricity Regulatory Commission (OERC), the utility Read more
TPCODL ties up with IndusInd Bank to ease electricity bill payment in rural Odisha
- Jul 8, 2021
With a view to enhancing digital payment from rural areas, TP Central Odisha Distribution Ltd (TPCODL) has now collaborated with BFIL, IndusInd bank for accepting bill payment through Bharat Money Stores. Around 8500+ Bharat Money Stores, the local kirana Read more
Tata Power completes one year of taking over power distribution in Central Odisha
- Jun 2, 2021
Tata Power’s TP Central Odisha Distribution Ltd (TPCODL), on June 2, 2021, completed its first year of successful operations in Odisha. Since acquiring erstwhile Central Odisha discom CESU a year ago, TPCODL has consistently presented sustainable, Read more
The way this privatization process was handled is really commendable: Tata Power
- May 24, 2021
Tata Power took over power distribution in Odisha by acquiring erstwhile state government-owned discoms—CESU, NESCO, WESCO and SOUTHCO. Tata Power will now have majority equity stake and management control in these 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
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 plans Rs.2,830 crore capex in WESCO and SOUTHCO
- Feb 6, 2021
Tata Power has planned capital expenditure of Rs.2,830 crore in two recently-acquired Odisha distribution companies, WESCO and SOUTHCO, over the next five years. According to information released by Odisha Electricity Regulatory Commission (OERC), Tata Power will invest Rs.1663 crore 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
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
Tata Power secures Letter of Intent for two Odisha discoms
- Dec 4, 2020
Tata Power has received the letter of intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply of electricity in the distribution circles of utilities WESCO and SOUTHCO. WESCO has five circles: Rourkela, Burla, Read more