TP Central Odisha Distribution Limited
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TP Central Odisha Distribution Limited (TPCODL), earlier Central Electricity Supply Utility of Odisha (CESU), is an
electric utility An electric utility, or a power company, is a company in the electric power industry (often a public utility) that engages in electricity generation and distribution of electricity for sale generally in a regulated market. Electric utilities are ...
serving the central region of state of
Odisha Odisha (), formerly Orissa (List of renamed places in India, the official name until 2011), is a States and union territories of India, state located in East India, Eastern India. It is the List of states and union territories of India by ar ...
in
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
. Electricity Regulatory Commission under the provision of Odisha Electricity Reform Act, 1995 to Central Electricity Supply Company of Odisha Ltd. However, the licence was revoked in April 2005, and the management was shifted under Central Electricity Supply Utility of Odisha ( Operation and Management ) in September 2006. The company provides daily power requirement to the state load dispatch center which monitors and controls the grid operations.
Tata Power Tata Power Company Limited is an Indian electric utility and electricity generation company based in Mumbai, India and is part of the Tata Group. With an installed electricity generation capacity of 14,707 MW out of which 5847 MW is from Non-C ...
Limited, a subsidiary of Tata Group, took over the management of Central Electricity Supply Utility (CESU) from 01-June-2020. The Odisha Electricity Regulatory Commission (OERC) that awarded the Letter of Intent (LOI) to TPCL on 12 December 2019. Tata Power holds 51 per cent equity with management control and the State-owned Gridco will have the remaining 49 per cent equity stake in the company. The company retained all the existing employees of CESU and will govern them by their existing policy structure. Tata Power has received a licence for 25 years. Spread over 30,000 km2, CESU has five electrical circles consisting of the areas of Bhubaneswar (Electrical Circle - I and II), Cuttack, Paradip and Dhenkanal with a population of over 1.4 crore and consumer base of 2.5 million. With CESU, Tata Power aims to expand its consumer base to 5 million consumers from the present base of 2.5 million across Mumbai, Delhi and Ajmer. After the acquisition it no longer remains a PSU under the
Government of Odisha The Government of Odisha and its Districts of Odisha, 30 districts consists of an executive branch, executive, led by the List of Governors of Odisha, Governor of Odisha, a judiciary, and a legislative branch. Like other states in India, the ...
.


References

{{Tata Group Energy in Odisha State agencies of Odisha State electricity agencies of India Organisations based in Bhubaneswar 1999 establishments in Orissa Indian companies established in 1999