Odisha
ISGEC Heavy Engineering lands FGD order in Odisha
- Jun 29, 2021
ISGEC Heavy Engineering has received a major FGD order from the state power generation utility in Odisha. In a stock exchange filing, ISGEC said that it has won an order of unspecified value for wet limestone flue gas desulphurization 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
NHPC places EPC order on Tata Power Solar
- May 25, 2021
NHPC, in a release, said that it has placed an EPC order on Tata Power Solar Systems Ltd for a solar project in Odisha. The EPC order worth Rs.188.19 crore was placed on May 24, 2021, for development of 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
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
Nava Bharat Ventures revives Odisha power plant, registers on IEX
- May 11, 2021
Hyderabad-based Nava Bharat Ventures has begun merchant electricity sales from its newly-revived power plant in Odisha. In a stock exchange communication, Nava Bharat Ventures said that it has synchronized to grid its 60-mw power plant and has commenced power 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
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