MSEDCL, Torrent to supply power to Bhiwandi
Maharashtra State Electricity Distribution Company Limited (MSEDCL) and the Ahmedabad-based Torrent Power Limited have signed the Distribution Franchisee agreement for Bhiwandi circle.
By TNN |
NEW DELHI: Maharashtra State Electricity Distribution Company Limited (MSEDCL) and the Ahmedabad-based Torrent Power Limited have signed the Distribution Franchisee agreement for Bhiwandi circle. MSEDCL is the distribution company undertaking supply of electricity in Maharashtra. Torrent Power would take up the distribution of power to 1.6 lakh customers in Bhiwandi circle.
"It gives me great pleasure to flag off the first of its kind public-private partnership not only in Maharashtra but in the country" said Jayant Kawale, principal secretary, energy, government of Maharashtra.
Managing director MSEDCL, Ajay Bhushan Pandey said, "This is a unique concept which will be a win-win situation for all the stakeholders, MSEDCL, Torrent Power and most importantly, the customers in Bhiwandi circle."
Torrent Power is expected to take over the operations from January 15, 2007. Meanwhile, the company has already begun the ground work for taking over the operations in Bhiwandi. "Over the years, we have built up efficiencies in our distribution networks. We would ensure that high efficiencies and reliability, coupled with good customer services are brought to Bhiwandi", said Murli Ranganathan of Torrent Power.
Torrent Power, which currently distributes 7 billion units power to over 1.8 million customers in the cities of Ahmedabad, Gandhinagar and Surat in Gujarat , has one of the lowest T&D losses in the country at 9.67% and one of the highest power reliability at 99.87%. Torrent Power has been the pioneer in providing customer friendly solutions like 24X7 call centre, mobile vans for providing onsite services, multiple payment options due to which there exists a high degree of customer satisfaction.
Torrent Power is implementing an 1100 MW gas-based greenfield generation project near Surat which is expected to be commissioned by the third quarter of 2007. Torrent Power has stakes in the entire value chain of the power business—generation, transmission and distribution.
"It gives me great pleasure to flag off the first of its kind public-private partnership not only in Maharashtra but in the country" said Jayant Kawale, principal secretary, energy, government of Maharashtra.
Managing director MSEDCL, Ajay Bhushan Pandey said, "This is a unique concept which will be a win-win situation for all the stakeholders, MSEDCL, Torrent Power and most importantly, the customers in Bhiwandi circle."
Torrent Power is expected to take over the operations from January 15, 2007. Meanwhile, the company has already begun the ground work for taking over the operations in Bhiwandi. "Over the years, we have built up efficiencies in our distribution networks. We would ensure that high efficiencies and reliability, coupled with good customer services are brought to Bhiwandi", said Murli Ranganathan of Torrent Power.
Torrent Power, which currently distributes 7 billion units power to over 1.8 million customers in the cities of Ahmedabad, Gandhinagar and Surat in Gujarat , has one of the lowest T&D losses in the country at 9.67% and one of the highest power reliability at 99.87%. Torrent Power has been the pioneer in providing customer friendly solutions like 24X7 call centre, mobile vans for providing onsite services, multiple payment options due to which there exists a high degree of customer satisfaction.
Torrent Power is implementing an 1100 MW gas-based greenfield generation project near Surat which is expected to be commissioned by the third quarter of 2007. Torrent Power has stakes in the entire value chain of the power business—generation, transmission and distribution.
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