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Tata Power Wins Bid For 2 Orissa Distribution Companies; Stock Gains Nearly 1%

Tata Power will hold 51 per cent stake in the SPV, with management control, Tata Power said.
Tata Power will hold 51 per cent stake in the SPV, with management control, Tata Power said.
Tata Power has received the Letter of Intent (LOI) for supplying electricity to the consumers of two electricity distribution companies (discoms) in Odisha i.e. the Western Electricity Supply Company of Odisha (WESCO) and the Southern Electricity Supply Utility of Odisha (SOUTCO).
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