Tata Power targets 1 crore customers for distribution
MUMBAI: Tata PowerNSE 0.81 % Company plans to expand its power distribution business to more circles with an aim to get a customer base of at least a crore, a top executive told ET. On Monday, Tata Power Company announced that it has emerged as the successful bidder to own the licence for electricity distribution and retail supply in five circles, constituting the Central Electricity Supply Utility of Odisha (CESU).
The company, which generates power and distributes electricity in Mumbai, Delhi and Ajmer, will double its customer base with the addition of this distribution business to 50 lakh.
