Tata Power announces getting LoI for Odisha’s WESCO and SOUTCO discoms
Tata Power Co. Ltd on Friday announced that it has received the Letter of Intent (LOI) for supplying electricity to the consumers of two electricity distribution companies (discoms) in Odisha—the Western Electricity Supply Company of Odisha Ltd (WESCO) and the Southern Electricity Supply Utility of Odisha Ltd (SOUTCO).
Mint first reported on Thursday about Tata Power emerging as the winner in bids for these two discoms in the privatisation exercise. While WESCO supplies electricity to consumers in the distribution circles of Rourkela, Burla, Balgarh, Bolangir and Bhawanipatna, SOUTCO serves Behrampur, Aska, Bhanjanagar, Jeypore and Rayagada.
Tata Power in a statement on Friday said that it has received the Letter of Intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply of electricity in Odisha’s five circles of WESCO and six circles of SOUTHCO.
