Over 30,000 Mumbai consumers want to shift to Tata Power: Tata
Over 30,000 consumers till end-July have evinced an interest to switch over to Tata Power for their electricity supply, a top company official said.business Updated: Aug 06, 2009 20:18 IST
Over 30,000 consumers till end-July have evinced an interest to switch over to Tata Power for their electricity supply, a top company official said.
This trend is likely to increase significantly over the coming months, Tata Power Chairman, Ratan Tata, told the company's shareholders at its annual general meeting in Mumbai on Thursday.
"Till the end of July, over 30,000 consumers have expressed an interest for a change-over to Tata Power for (electricity) supply and this trend will significantly rise over the months," Tata said.
The private sector utility currently supplies power to over 28,600 consumers including individual and bulk industrial consumers like airports and state installations.
On the power situation in Maharashtra, Tata said that there would be shortages but that the company would take steps to ensure that Mumbai did not fall short of power.
"There will be shortages in Maharashtra but we will be certain to ensure that the island city does not fall short of power," he said.
The company has lined up a capex of Rs 23,600-crore over the next three-year period, he said.