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Tata Power’s Odisha Power Distribution JV To Start Soon

The joint venture for power distribution in Odisha is likely to commence operations soon, Tata Power said in a statement while announcing the company’s financial performance for FY20.It may be recalled that in late December 2019, Tata Power was awarded the Letter of Intent (LoI) by Odisha Electricity Regulatory Commission (OERC) for the distribution and supply of electricity in Odisha’s five circles that constitute the Central Electricity Supply of Odisha (CESU).The five circles which constitute the CESU are the areas of Bhubaneswar (Electrical Circle I and II), Cuttack, Paradip, and Dhenkanal. Initially, the license for the supply of electricity is being offered for 25 years. Currently, CESU is spread over an area of 30,000 square km, cove.....

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