MERC renews Tata Power’s electricity distribution licence for Mumbai for next 25 years

Maharashtra Electricity Regulatory Commission (MERC) has renewed Tata Power’s electricity distribution licence for Mumbai for the next 25 years. The company is providing reliable, uninterrupted power supply on 24x7 basis and would continue to strive for the same.

Further, the company would support BEST’s case for transport subsidy to be rationalised across each electricity unit collected so that it is not just left to BEST to collect the same. It will also make sure that BEST’s margin of business is not affected adversely as it has been a long-term participant in the power supply system in Mumbai.

Tata Power is India’s largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8521 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.