An employee works inside a power generator manufacturing workshop on the outskirts of new delhi september 12, 2012. Agra, uttar pradesh 25 bhiwandi, maharashtra 18 surat. Before understanding tariff of electricity system in detail, a slight overview of the. The tariff increase includes the increase in fixed charges and energy charges. Torrent likely to take over power distribution in agra after a delay of nearly eight months,ahmedabadbased torrent power limited is likely to take over the power distribution of agra city from first week of april. Up orders scrutiny of torrent power, noida power over. Fuel and power purchase rate adjustment, a component of its effective tariff. Salaries posted anonymously by torrent power employees in agra. Ownership of all confidential information, no matter in what media it resides, remains with. Torrent power created history by entering into the. Dahej sez in gujarat, bhiwandi in maharashtra and agra in uttar pradesh. Torrent deal rains profits for state power corporation.
Torrent power limited torrent power or the company is one of the leading brands in the indian power sector, promoted by torrent group. Gandhinagar, surat, bhiwandi and agra, with a distribution reach of over 1,367sq. Fundamental analysistorrent power limited equity research. After a delay of nearly eight months,ahmedabadbased torrent power limited tpl is likely to take over the power distribution of agra city from first week of april. As regards torrent power having a license for the distribution of power in gnadhinagar, ahemdabad and surat are also given below. Electricity consumers in ahmedabad, gandhinagar and surat may have to cough up more as torrent power limited tpl has sought permission to increase power rates.
Torrent power limited tpl consumers may have to pay more for the electricity they consume as the private sector company. Explore torrent power profile at times of india for photos, videos and. The handing over of power distribution in agra to private franchise torrent power limited tpl is proving to be a profitable deal for the uttar pradesh power corporation uppcl,which till recently had been incurring annual losses of rs 8,000 crore. These cities follow agra in adopting the franchisee model. Torrent power on tuesday posted about 83 per cent jump in. Incidentally, private sector player torrent power, which filed its tariff petition last week, has also not sought any tariff hike for 201819. Torrent power reduces fpppa charge by rs 1 18 per unit bw. The board of directors has recommended dividend of 50% i. With an allround experience in generation, transmission and distribution of power, and a proven track record of implementing large power projects, the company is the most experienced private sector player in gujarat. Honble central electricity regulatory commission issues tariff order for sugen power plant for 5 years, ending 31st march, 2014. Torrent powers effective tariff in ahmedabad, surat.
Torrent power improper electricity supply in agra up. Due to this routine work, studies, business, job of people is hampering badly. The tariff figures indicated in this tariff schedule are the tariff rates payable by the consumers of distribution licensees viz. Quick pay solar rooftop name change new connection quick info payment options downloads tariff safety tips energy calculator save energy. Torrent power agra contact information and services description. Torrent power customer portal calculator appliances. He said there will be no change in the tariff pattern. The company is the sole distributor of electricity to consumers in the cities of agra. Mar 12, 2020 a free inside look at torrent power salary trends based on 87 salaries wages for 41 jobs at torrent power.
It includes a public hearing where stakeholders are. Torrent power has proposed to levy additional charge of 28. Torrent power limited proposes additional charge, unchanged. Even as the aaps campaign in gujarat against high power tariff and its demand for cag audits into the accounts of torrent power, which supplies power. Torrent likely to take over power distribution in agra. In december 2008, the government had decided to hand over power distribution to franchisees in agra, kanpur, bareilly, gorakhpur, varanasi, allahabad, moradabad, meerut and aligarh. Uppcl to hand over agra power network to torrent power the.
Higher operational capacity of renewable power plants at 570 mw py 403. Torrent proposes to hike power tariffs, files petitions ahmedabad. Torrent power agra improper power supply and then asking. Jinal mehta to be new md of torrent power he had played major role in the operations of sugen mega power project as its chief operating officer and its implementation of unosugen project as well. Torrent power tpl is engaged in the distribution and generation of electricity. According to parishad chairman avadhesh kumar verma, the agra power franchisee was handed over to torrent power in april 2010 and under the pact, the company was mandated to reduce the electricity line losses in the city to 15 per cent by march 31, 2017. Rosa power is one of the generating companies having entered. Paytm torrent power electricity bill payment offers.
The ratings continue to reflect the companys stable cash flow with a regulated tariff structure from its. Check out themanagement discussions about torrent power ltd on nse, bse and. The above units are estimated and will vary based on the consumption of individual appliances and the number of hours of usage. Torrent power, the integrated power utility of the torrent group, is one of the leading player in the indian power sector. Sep 08, 2017 torrent power electricity bill payment offers detailed description. Torrent power has been awarded the distribution franchisee for agra distribution circle on 26th february, 2009 and kanpur distribution circle on 20th february, 2009 for a period of 20 years. The power supply code may be referred for checking the terms and conditions of supply as approved by the regulatory commission.
According to gerc statement, torrent power in its petition for truing up for fy2012 had claimed consolidated revenue gap of rs 1,221 crore and had asked for overall increase of rs. Torrent power salaries in agra, uttar pradesh glassdoor. The power sector is mainly regulated through tariff policy 2016 of the central. Tariff applicable for all the distribution company viz. Chairman and managing director navneet sehgal said that with handing over of power distribution and bill collection to a private player in agra. The company has installed generation capacity of 3. With an all round experience in generation, transmission and distribution of power and a proven track record of implementing large power projects, the company is the most experienced private sector player in the power sector. Tariff schedule tariff for supply of electricity at low tension, high tension, and extra high tension effective from 1st april, 2018 general 1. A great time of learning, managing and knowledge sharing.
Tpl is the sole electricity distributor to the cities of ahmedabad incl. Torrent seeks nod to increase electricity tariff ahmedabad. Tariff system takes into account various factors to calculate the total cost of the electricity. A free inside look at torrent power salary trends based on 87 salaries wages for 41 jobs at torrent power. Torrent powers effective tariff in ahmedabad, surat, gandhinagar. Salaries posted anonymously by torrent power employees. Dear sirmaam, this is to apprise to you that there is improper supply of electricity in agra avas vikas colony from torrent power ltd.
Tariff refers to the amount of money the consumer has to pay for making the power available to them at their homes. Torrent power limited proposes additional charge, unchanged tariffs. Torntpowr is an indiabased company engaged in the electricity generation, transmission and distribution. Apr, 2016 even as the aaps campaign in gujarat against high power tariff and its demand for cag audits into the accounts of torrent power, which supplies power in ahmedabad, gandhinagar and surat, gain. Inputbased power distribution franchisee market in india this document contains information and data that pmanifold considers confidential. T munikrishnaiah, technical member in the matter of. Torrent cables ltd tcl was a group company that manufactured cables, and torrent energy limited. After agra,tpl is likely to take over the power distribution of kanpur. Check out themanagement discussions about torrent power ltd on nse, bse and future at iifl.
Torrent powers effective tariff in ahmedabad, surat, gandhinagar reduced by around 30 paise per unit. Torrent power limited tpl has proposed to increase power tariff by 21. Tariff determination is a rigorous process scrutinised by the regulator. Torrent power is one of the most welldiversified indian power utilities. The handing over of power distribution in agra to private franchise torrent power limited tpl is proving to be a profitable deal for the uttar pradesh power corporation uppcl,which till. The commission is in receipt of an application filed by ms torrent power ltd. Torrent power launches firstofitskind userfriendly customer self service mobile application torrent power connect and web portal connect. Torrent power electricity bill payment offers detailed description.
Electricity consumers in ahmedabad, gandhinagar and surat may have to cough up more as torrent power limited tpl has sought permission to increase power. Read more about torrent power reduces charges by rs 1. And is engaged in the business of power generation, transmission and distribution of electricity with operations in the states of gujarat, maharashtra and uttar pradesh. Check out the torrent power ltd management discussions live. Lucknow power distribution goes in private hands lucknow. Torrent power limited on monday announced reduction in its fuel and power purchase rate adjustment fpppa charge for its consumers in ahmedabad, gandhinagar and surat to rs 0. Torrent power ltd agra,distribution franchisee company. The company, however, has proposed to keep power tariffs unchanged in its petition for determination of power tariffs for fiscal 201920. Torrent power 202021 job vacancy, agra recruitment. Paytm torrent power electricity bill payment offers get.
Jan 01, 2020 tariff applicable for all the distribution company viz. Check out the torrent power ltd management discussions. Uppcl to hand over agra power network to torrent power published on apr 02,2010 torrent power director resigns published on mar 09,2010 torrent power seeks 15 to 16 pct hike in tariff. Uttar pradesh electricity regulatory commission hikes. Apr 17, 2018 tariff refers to the amount of money the consumer has to pay for making the power available to them at their homes. Private sector power player torrent power limited on monday announced a reduction in the fuel and power purchase price adjustment fpppa charges for. Torrent power limited tpl has proposed to increase power tariff by 21 paise per unit for the fiscal 202021. Under pressure from employees unions, the issue of tariff at which the up power corporation ltd would sell power to the franchisees has been reopened.
Torrent power is one of the leading brands in the indian power sector. Sez in gujarat, bhiwandi in maharashtra and agra in uttar pradesh. Torrent power q2 profit rises 83% to rs 755 crore the economic. Crisil has assigned its crisil aastable rating to the rs.
Uttar pradesh electricity regulatory commission hikes power tariffs the uttar pradesh electricity regulatory commission uperc on thursday hiked power tariff by rs 3 per unit for metered rural consumers for the first 100 units and rs 4. Torrent has a generation capacity of 3334 mw and distributes power to more almost 3 million customers annually in ahmedabad, gandhinagar, surat, bhiwandi and agra. Tel was a subsidiary incorporated for setting up a 1200mw gasbased combined cycle power plant dgen and the associated distribution infrastructure at the dahej special economic zone in gujarat. The company is the sole distributor of electricity to consumers in the cities of agra, ahmedabad, bhiwandi, gandhinagar, surat. Jul 18, 2016 torrent powers effective tariff in ahmedabad, surat, gandhinagar reduced by around 30 paise per unit. Distribution franchise business is one area which torrent power has been aggressively pursuing as part of its expansion plans. Its current operations are in the states of gujarat, maharashtra and uttar pradesh.
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