Torrent Power has emerged as a winner of the competitive bidding for distribution of electricity in Shil, Mumbai, and Kalwa sub-divisions (Thane circle). The bid, conducted by the Maharashtra State Electricity Distribution Company, was for appointment of input-based distribution franchisee for 20 years. TPL is expected to upgrade the infrastructure, improve quality of supply, and lower AT&C losses, while MSEDCL will supply input power at annual rates as agreed upon.
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