Tata Power planning to double consumer base in distribution business over next 5 years
3rd Aug 2020

Tata Power is planning to double its consumer base in the distribution business to 10 million over the next five years. With its public-private-partnership with CESU, the company has acquired over 2.5 million consumers in Odisha in addition to the existing consumer base of 2.5 million across its distribution markets including Mumbai, New Delhi and Ajmer.

After taking over the management of CESU, the company has already submitted a capital investment plan of Rs 344 crore to the Odisha Electricity Regulatory Commission (OERC) for approval. It also plans to raise the share of power generation from renewable resources to 50 percent by 2025 from the current level of 30 percent with focus on segments like rooftop solar, smart metering, micro-grids in rural areas and setting up of EV charging stations.

Tata Power is India’s largest integrated power company.