MoneyWorks4Me

Torrent Power renews distribution franchise agreement for Bhiwandi Circle

06 Dec 2016 Evaluate

Torrent Power has entered into Renewal and Amendment Agreement to the Distribution Franchise Agreement (DFA) with MSEDCL for distribution of power in Bhiwandi Circle for a further period of 10 years with effect from January 26, 2017.

Earlier, in December 2006, the company had signed the Distribution Franchise Agreement (DFA) with the Maharashtra State Electricity Distribution Company (MSEDCL) for distribution of power in Bhiwandi Circle for a period of 10 years.

Torrent Power is an India-based company engaged in the electricity generation, transmission and distribution. Its current operations are in the states of Gujarat and Maharashtra and Uttar Pradesh.



Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
View more..