The two developers of Tata Power Co Ltd., a western electricity supply service provider from Odisha Ltd (WESCO) and Odisha Ltd’s south electricity supply utilities (SOUTCO), declared on Thursday that they were the winners in bids to two electricity distributors. Tata Power Ltd.
The successful Tata Power offer comes after a 25-year distribution and retail power license in five circles of the Central Electricity Supply Provider Odisha (CESU Odisha), which took place last December, during the debate round of privatization in the Government of Odisha.
“There has been an opening of the financial bid. The Odisha Electricity Regulatory Commission (OERC) is yet to give a Letter of Award (LoA),” says one of the above-listed individuals.
In Rourkela, Balgarh, Balgarh, Bolangir, and Bhawanipatna, WESCO provides electricity for customers, while Behrampur, Aska, Bhanjanagar, Jeypore, and Rayagada are used in SOUTCO. Although PwC manages the WESCO sales, Deloitte has SOUTCO’s sales mandate
“We are bound by privacy obligations and cannot comment on customer-specific issues,” a Deloitte representative responded in an email.
The OERC Chairman U. N. Behera did not reply immediately to Mint’s phone calls or an SMS post. The OERC Chairman, U.N. Behera, did not reply immediately.
On Thursday, e-mails were also not replied to Tata Power and PwC spokespersons. An external EDF spokesman did not respond to Mint’s inquiries immediately.
India Power Corp. did not answer emailed queries on Thursday immediately.
The average demand for Odisha electricity is 4,000MW. It was the first state in 1999 to privatize the sale of electricity into four conflicts.
Three discourses, namely BSES Rajdhani Power Ltd (BRPL), BSES Yamuna Power Ltd (BYPL), and Tata Power Delhi Distribution Ltd, were privatized in July 2002.
Tata Power is now also the only provider of electricity supply to the districts of Balasore, Mayurbhanj, Keonjhar, Jajpur, and Bhadrak to provide electricity to the North-Eastern Electricity Supply Company of Odisha Ltd (NESCO) which prompted OERC in its legal inquiries.
The Odisha exercise comes against the history of India, which is starting to privatize the discussions in its regions and the country’s power sector reforms take the first step towards Chandigarh.