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
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 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
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, 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
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
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
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
Panchshil Realty has signed an agreement with ERO Power by which the latter will manage power distribution for Panchshil’s SEZ project in Pune. By virtue of this 20-year agreement, Mumbai-based ERO Power shall run power distribution for the IT/ITES Read more
Union power minister, R.K. Singh, was the chief guest at the mega event ELECRAMA 2020 that was held at India Expo Mart, Greater Noida, during January 18-22, 2020. In his inaugural address, Singh discussed overall trends in the Read more