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DEC 01 2010

MSEDCL awards distribution franchisee contract for Nagpur urban circle to Spanco Ltd.

  • Economic Times, ET Bureau / Hyderabad
  • Created: Wed 01st DEC 2010

MSEDCL has awarded the 15-year power distribution franchisee contract for the urban circle in Nagpur to Spanco Limited for Rs 7000 cr. Earlier in April2010, Spanco emerged as the highest bidder for distribution in three divisions of Nagpur urban circle namely Gandhibagh, Mahal and Civil Lines. Other bidders included CESC Limited, Crompton Greaves, Vijai Electricals, GTL Limited, Tata Power, RPower and India Bulls Power Limited. This is the second distribution franchise awarded in the state after Bhiwandi.

Tags

Maharashtra State Electricity Distribution Company Ltd Franchisee IEX Bulletin Spanco Ltd

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