MoneyWorks4Me

MSEDCL hands over SMK sub-divisions to Torrent Power

03 Mar 2020 Evaluate

Maharashtra State Electricity Distribution Company (MSEDCL) has handed over the Shil, Mumbra & Kalwa sub-divisions and its operations to Torrent Power (TPL) on March 01, 2020, based on the Letter of Intent and Distribution franchisee agreement entered into with MSEDCL.

Earlier, in January 2019, TPL had emerged as winner of Distribution franchisee for distribution of electricity in Shil, Mumbra & Kalwa (SMK) sub-divisions under Thane Urban Circle, Maharashtra.

Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, 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..