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Tata Power, an integrated power company, announced that it has been awarded the letter of intent (LoI) for the distribution franchise of Jamshedpur circle by the Jharkhand State Electricity Board (JSEB).
The distribution franchise awarded is for a period of 15 years. Tata Power will be responsible for operating and maintaining the distribution network in the Jamshedpur circle, which includes Jamshedpur, Tata Steel city, Adityapur and Ghatsila divisions.
Tata Power will also manage billing and collections. The company said it looks forward to working closely with all employees of JSEB.
Speaking on the occasion, S. Padmanabhan, Executive Director, Tata Power said, “The Jamshedpur circle holds a special place in the Tata group’s history. The Tata group has been in Jamshedpur and Jharkhand for over a century through various Tata group companies led by Tata Steel.”
amritanair.ghaswalla@thehindu.co.in
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