Major firms want to supply power in suburbs
Eight companies are interested in distributing power to suburb’s 27.24 lakh consumes, who are fighting tariff hike.mumbai Updated: Nov 11, 2010 01:09 IST
Eight companies are interested in distributing power to suburb’s 27.24 lakh consumes, who are fighting tariff hike.
Last month, the Maharashtra Electricity Regulatory Commission (MERC) floated an expression of interest bid for the area because the licence of Reliance Infrastructure (RInfra), the current distributor, will expire on August 15, 2011.
RInfra which does not approve of the MERC move did not apply but instead it has asked for extending the licence period.
Sources said that the company would move central regulator, appellate authority and the high court if the demand is not approved.
Maharashtra Electricity Distribution Company (MSEDC or Mahavitaran), Torrent Power Limited, DPSC Limited, Kolkata, Lanco Infrastructure Limited, GMR Energy Limited, Indiabulls Power Limited, Tata Power Co. Ltd, Enzen Global Solution Pvt. Ltd, Bangalore, have submitted their bids to the regulator. The bids were opened on Thursday.
Tata Power and Mahavitaran are the favourites because of their experience and economics.
Tata has its distribution network in the RInfra area.
RInfra, instead of submitting expression of interest application, filed a petition vide their letter on November 1. It wants MERC to extend licence period under Section 18 of Electricity Act, 2003.
First Published: Nov 11, 2010 01:07 IST