Saturday, November 10, 2007

MERC handing out more goodies to Private Discoms

MERC has not been able to satisfactorily handle (and/or regulate) private distributors in Mumbai, and yet it is going on granting distribution rights to others.

Here is the latest move:
"Crompton Greaves bags 3 power distribution divisions in Nagpur

Mumbai, Sept. 18 Maharashtra State Electricity Distribution Company Ltd (MSEDCL) will give three divisions in the Nagpur circle to Crompton Greaves Ltd for distribution of power.

Earlier in the year, the loss-making Bhiwandi circle was handed over to Torrent Power for similar purpose.

Aurangabad, Ulhasnagar, Kalwa, Ahmednagar, Dhule, Malegaon and Jalgaon circles could also be soon offered to private companies."

More here:
http://groups.yahoo.com/group/bijlee/message/933

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