INSUBCONTINENT EXCLUSIVE:
Kolkata: Kolkata-based RP Sanjiv Goenka group flagship, CESC, is hoping to register 25% growth in revenue from power distribution business
At present, outside Kolkata, CESC serves retail power distribution in five locations including Malegaon in Maharashtra which it recently
It includes distribution franchise for Kota, Bharatpur and Bikaner in Rajasthan, bagged a few years ago, which it is already serving, apart
CESC, received power distribution franchisee from Maharashtra State Electricity Distribution Company Ltd ( MSEDCL) for Malegaon Municipal
Area in Maharashtra for 20 years through a competitive bidding based on annualized input rate for purchase of power payable to MSEDCL
Malegaon distribution licence
It is second largest city of Nasik District
The area comprises 25 sq kms with one lakh electricity consumers
area is around 130 MW and it will source power from MSEDCL
More than 80% of consumer base at Malegaon are industrial and rest domestic
Transmission and distribution loss at city currently stands at 44.76%
Goenka also said that his group will also focus on distribution and
will keep looking for new distribution opportunities.
