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Company type | Public Private Partnership |
---|---|
Industry | Electricity Distribution |
Founded | 1st April 2021 |
Headquarters | Balasore, Odisha, India |
Area served | Odisha, India |
Key people | Dwijadas Basak (Chief Executive Officer) |
Products | Electricity |
Website | www.tpnorthernodisha.com |
TP Northern Odisha Distribution Limited or TPNODL was incorporated as a Private Company under PPP (Public Private Partnership) model with the collaboration of [1] Tata Power and Government of Odisha on 1st April 2021 to carry out the distribution and retail supply business of electricity in the entire North Eastern Odisha, 5 Districts of Odisha; Balasore, Mayurbhanj, Keonjhar, Jajpur, and Bhadrak. TPNODL is erstwhile known as NESCO was primarily incorporated under the Companies Act 1956 and started functioning as a subsidiary of Tata Power and Grid Corporation of Odisha (GRIDCO), a Government of Odisha Power Utility, from 26 November 1998 under Distribution and Retail Supply License. [2]
The electric power industry covers the generation, transmission, distribution and sale of electric power to the general public and industry. The commercial distribution of electric power started in 1882 when electricity was produced for electric lighting. In the 1880s and 1890s, growing economic and safety concerns lead to the regulation of the industry. What was once an expensive novelty limited to the most densely populated areas, reliable and economical electric power has become an essential aspect for normal operation of all elements of developed economies.
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