Tata Power to manage power distribution in Central Odisha from 1st June onwards
(World News Science)

~Tata Power Holds 51 percent equity along with 49% by Government of Odisha~ ~Retains all the existing employees of CESU; Successful PPP model in Power Sector~ Tata Power, India`s largest integrated power utility, today, announced that it has taken over the management of CESU, after receiving the Letter of Intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply of electricity in Odisha`s five circles consisting of Bhubaneshwar, Cuttack, Puri, Paradeep and Dhenekal. As per order issued by the Odisha Electricity Regulatory Commission (OERC) on 28th May 2020, Tata Power will hold 51 percent equity with management control and the State-owned...