 | This article has multiple issues. Please helpimprove it or discuss these issues on thetalk page.(Learn how and when to remove these messages) (Learn how and when to remove this message)
|
| Company type | Public-Private Partnership (PPP) Model |
|---|---|
| Industry | Distribution |
| Founded | TPCODL : 01-June-2020[1] (erstwhile CESU : 1999) |
| Headquarters | Bhubaneswar,Odisha,India |
Area served | Odisha,India |
Key people | Arvind Singh (CEO)[2] |
| Products | Electrical Power |
| Services | Electricity generation anddistribution Renewal , PM Solar |
| Owner |
|
| Website | www |
TP Central Odisha Distribution Limited (TPCODL), earlierCentral Electricity Supply Utility of Odisha (CESU), is anelectric utility serving the central region of state ofOdisha inIndia.
Electricity Regulatory Commission under the provision of Odisha Electricity Reform Act, 1995 to Central Electricity Supply Company of Odisha Ltd. However, the licence was revoked in April 2005, and the management was shifted under Central Electricity Supply Utility of Odisha ( Operation and Management ) in September 2006. The company provides daily power requirement to the state load dispatch center which monitors and controls the grid operations.
Tata Power Limited, a subsidiary of Tata Group, took over the management of Central Electricity Supply Utility (CESU) from 01-June-2020.[3] The Odisha Electricity Regulatory Commission (OERC) that awarded the Letter of Intent (LOI) to TPCL on 12 December 2019. Tata Power holds 51 per cent equity with management control and the State-owned Gridco will have the remaining 49 per cent equity stake in the company.[4][1] The company retained all the existing employees of CESU and will govern them by their existing policy structure. Tata Power has received a licence for 25 years. Spread over 30,000 km2, CESU has five electrical circles consisting of the areas of Bhubaneswar (Electrical Circle - I and II), Cuttack, Paradip and Dhenkanal with a population of over 1.4 crore and consumer base of 2.5 million. With CESU, Tata Power aims to expand its consumer base to 5 million consumers from the present base of 2.5 million across Mumbai, Delhi and Ajmer. After the acquisition it no longer remains aPSU under theGovernment of Odisha.
| Divisions and subsidiaries |
|  | ||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joint ventures |
| |||||||||||||||||||||||||||||||||||||||||||||
| Former holdings | ||||||||||||||||||||||||||||||||||||||||||||||
| Sports | ||||||||||||||||||||||||||||||||||||||||||||||
| Institutions |
| |||||||||||||||||||||||||||||||||||||||||||||
| Hospitals | ||||||||||||||||||||||||||||||||||||||||||||||
| Trusts | ||||||||||||||||||||||||||||||||||||||||||||||
| People |
| |||||||||||||||||||||||||||||||||||||||||||||
| Other | ||||||||||||||||||||||||||||||||||||||||||||||
