Barely a week after deputy chief minister Devendra Fadnavis assured the striking employees of state-owned power companies that it would contest the entry of Adani Group in Navi Mumbai and Thane, another private player has made an effort to enter the market.
Torrent Power, promoted by Torrent Group, has applied for a parallel distribution licence in Kalyan, Pune and Nagpur.
The unions of state utilities’ employees have raised a red flag, reiterating their claim that the privatisation move will affect the financial health of Maharashtra State Electricity Distribution Company Limited (MSEDCL), which is the primary supplier in these areas.
