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Tata Power takes over power distribution in North Eastern Odisha from 1st April 2021 onwards
Posted On: 2021-04-01 05:08:26 (Time Zone: Arizona, USA)
Tata Power, India s largest integrated power utility, today announced that it has taken over the management and operations of NESCO (North Eastern Electricity Supply Company of Odisha) upon completion of the sale process. Now, NESCO will operate under the company name as TP Northern Odisha Distribution Limited (TPNODL). As per order issued by the Odisha Electricity Regulatory Commission (OERC), Tata Power holds 51 percent of equity with management control and the State-owned GRIDCO will have 49 percent equity stake in the company.
Tata Power takes control of power distribution in North-Eastern Odisha businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Tata Power takes control of power distribution in North-Eastern Odisha origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.