NTPC

Torrent Power’s Agra and Bhiwandi operations face COVID-19 impact

The distribution franchisee (DF) operations of Torrent Power in the industrial-centric areas of Bhiwandi and Agra were impacted during the first quarter of FY21, the company said in a media release. Commenting on the company’s financial results for the Read more

Torrent

Torrent Power plans Rs.500 crore capex in Dholera region

Torrent Power expects capital expenditure of Rs.500 crore in the Dholera Special Industries Region (DSIR) for which the Gujarat-based company was given the mandate of an additional distribution licencee last year. Torrent Power expects the investment to made Read more

Maharashtra

Maharashtra appoints distribution franchisees for two circles

Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has appointed input-based distribution franchisees for two circles – Malegaon and Shil, Mumbra & Kalwa. The Malegaon mandate has been clinched by CESC Ltd, an RPG-Sanjiv Goenka company. In a stock exchange Read more

Subhash Sethi SPML Infra

Subhash Sethi, Chairman, SPML Infra Ltd

Distribution franchisee (DF) model is neither a new concept nor is it popular with power companies! The idea behind DF was to encourage private participation in power distribution for improving electricity access to people. The motive behind its Read more