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04-Jan2019

Torrent Power emerges as winner on bid for distribution franchisee

Torrent Power (TPL) has emerged as winner of the competitive bidding process conducted by Maharashtra State Electricity Distribution Company (MSEDCL) for appointment of input based Distribution Franchisee for distribution of electricity in Shil, Mumbra & Kalwa sub-divisions under Thane Urban Circle, for a period of 20 years.

MSEDCL has issued the Letter of Intent (LoI) to TPL and the Distribution Franchisee Agreement (DFA) with MSEDCL will be executed in due course and operations are expected to be taken over soon thereafter.

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.


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