Tata Power bags Rs 1,744-crore smart metering project in Chhattisgarh
Tata Power latest project, Tata Power news: Tata Power on Wednesday announced bagging a smart metering project worth Rs 1,744 crore in Chhattisgarh. The order has been awarded by Chhattisgarh State Power Distribution Company Limited (CSPDCL), Tata Power said in a statement.
Tata Power latest project, Tata Power news: Tata Power on Wednesday announced bagging a smart metering project worth Rs 1,744 crore in Chhattisgarh. The order has been awarded by Chhattisgarh State Power Distribution Company Limited (CSPDCL), Tata Power said in a statement. "Tata Power receives order worth Rs 1,744 crore to implement smart metering project in Chhattisgarh. The LOA has been issued in conclusion to the tender floated by CSPDCL for three packages for different areas under the Chhattisgarh discom," it said.
The project shall be carried out in the Raipur area (Raipur city and Raipur rural areas) of Chhattisgarh over a period of 10 years. The company will install and maintain 18.60 lakh meters in the given area, the statement said. Praveer Sinha, CEO & MD, Tata Power, said: "We are pleased to announce that we have won a significant order worth Rs 1,744 crore to implement smart metering project in CSPDCL.
It is a testament to our execution expertise in delivering high value and specialized projects which are aimed at transforming the power distribution domain." The project shall include design, supply, installation, commissioning, followed by operation and maintenance of smart meters at consumer end and at distribution transformers level. The project will be executed under Revamped Distribution Sector Scheme (RDSS) and is expected to improve the AT&C losses in the designated area and increase revenue collection for CSPDCL.
CSPDCL is a state-owned electricity distribution company responsible for providing electricity to consumers across the state of Chhattisgarh.
Catch latest minute-by-minute stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SIP+SWP: Rs 10,000 monthly SIP for 20 years, Rs 25 lakh lump sum investment, then Rs 2.15 lakh monthly income for 25 years; see expert calculations
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
SBI Senior Citizen FD Rate: Here's what State Bank of India giving on 1-year, 3-year, 5-year fixed deposits currently
Tamil Nadu Weather Alert: Chennai may receive heavy rains; IMD issues yellow & orange alerts in these districts
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
Fundamental picks by brokerage: These 3 largecap, 2 midcap stocks can give up to 28% return - Check targets
08:40 AM IST