CESC, Adani, Tata in race for Odisha discoms
The Adani Group, RP-Sanjiv Goenka group’s CESC Ltd and Tata Power Co. Ltd have evinced interest in the three electricity distribution companies (discoms) being privatized by the Odisha government, said two people aware of the development.
The discoms are the Western Electricity Supply Utility of Odisha Ltd (Wesco), North Eastern Electricity Supply Co. of Odisha Ltd (Nesco) and the Southern Electricity Supply Co. of Orissa Ltd (Southco).
“Among those who have evinced interest in placing bids for these discoms are CESC, Tata Power and Adani. All of them have experience in running discom businesses,” said one of the two people mentioned above requesting anonymity. “Wesco and Nesco have high industrial load,” the person said, referring to high consumption by industrial consumers in the two discoms.
