Tata Power has taken over the management and operations of Western Electricity Supply Company of Odisha (WESCO) and SOUTHCO Utility upon completion of sale process.
Now WESCO and SOUTHCO will operate under the companies named as TP Western Odisha Distribution Ltd (TPWODL) and TP Southern Odisha Distribution Ltd (TPSODL) respectively.
As per order issued by the Odisha Electricity Regulatory Commission (OERC), Tata Power holds 51 per cent of equity with management control and the state-owned Grid Corporation of Odisha (GRIDCO) will have the remaining 49 per cent.
TPWODL will be responsible for the distribution and retail supply of electricity in five circles of WESCO covering 20 lakh consumers with annual input energy of 7,520 million units in areas of Rourkela, Burla, Bhawanipatna, Bolangir and Bargargh.
