Tata Power Awarded LOI for Electricity Distribution Franchise
OREANDA-NEWS. October 31, 2012. Tata Power, India's largest integrated power company today 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 to Tata Power will be 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 be managing the billing and collections. As already seen at Delhi, where the existing employees adopted to Tata culture of transparency and customer orientation quickly, Team Tata Power looks forward to working closely with all employees of JSEB who would be willing to realign themselves to serve customers with efficiency and superior customer care.
Speaking on the occasion, Mr. S. Padmanabhan, Executive Director, Tata Power said, “We are delighted to be awarded the distribution franchise of Jamshedpur circle in Jharkhand as it 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. The Tata group’s relationship with the State and the people has been mutually sustaining and rewarding. The city of Jamshedpur is very close to our heart and we have our presence there through our power plants. We are delighted with this new opportunity to build relationship with the Jharkhand state and with the people of Jamshedpur through the distribution of power to residential, industrial and commercial customers.
At Tata Power, we are committed to providing our customers reliable and quality power teamed with superior customer service. We are looking forward to adopting the same philosophy to serve all customers in Jamshedpur.
It is our endeavour to be the most preferred distribution company in the country and with the successful turnaround of Delhi distribution business coupled with our successful Mumbai distribution business, we now look forward to working with employees at Jamshedpur circle to earn a respectable position in the market place.”
With a customer base of more than 3.5 lakh in Mumbai, Tata Power has built a repute of providing reliable and uninterrupted power 24X7 to the city of dreams for over 9 decades. In Delhi, the Company’s partnership for distribution with the State Government of Delhi for North Delhi customers, Tata Power Delhi Distribution Limited (TPDDL) serves more than 1 million customers and is one of the most successful stories of Public Private Partnership in the country.
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