Tata Power continued to record lower losses in its Odisha power distribution business during the first half of FY25. According to an investor presentation filed on stock exchanges, Tata Power saw AT&C losses drop in two of the four Read more
“The distribution business has done well. It continues to serve more than 12 million customers, making your company the largest private power distribution utility in the country. Odisha discoms, where all the four distribution companies have reported substantial Read more
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
The process of privatization of power distribution in the Union Territory of Chandigarh has moved forward with the UT administration providing detailed replies to queries raised by the Ministry of Home Affairs, according to a reliable media report. The Read more
Major reforms are envisaged in the power distribution sector, as envisaged in the “New Electricity Amendment Bill,” expected to be introduced and passed in the ongoing Monsoon Session of Parliament. According to reliable media reports, one major change likely Read more
"From a growth perspective, the company has a clear plan with focus on renewables and distribution businesses. Within the renewables segment, the company continues to build both the renewables’ utilities and consumer renewables businesses. As a utility-scale generator of Read more
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a Reforms-based and Results-linked, Revamped Distribution Sector Scheme, on June 30, 2021. Broad Objective The scheme seeks to improve the operational efficiencies and financial sustainability of all discoms/power departments excluding Read more
Several reforms-linked measures in the power distribution space are likely to be discussed at the upcoming Monsoon Session of Parliament, it is reliably learnt. According to reports, The Electricity (Amendment) Bill 2021, which, among other things, seeks to empower Read more
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
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