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CESC Ltd has won the power distribution franchise licence for 20 years from the Rajasthan government utility Jaipur Vidyut Vitaran Nigam Ltd for two cities – Kota and Bharatpur.
CESC has also formed two wholly owned separate special purpose vehicles for the franchise specific distribution of electricity. The entities will begin power supply in two cities from August, Sanjiv Goenka, Chairman of RP-Sanjiv Goenka Group, told reporters here on Wednesday.
Revenue target Goenka said CESC would invest ₹150 crore to operate the franchises that are expected to earn an annual revenue of around ₹750 crore.
Kota distribution franchise is spread over 150 sq km area and had 1.76 lakh registered consumers in 2014-15. Power is distributed to 314 through high-tension lines.
The consumer base grew 7 per cent in 2014-15 over the previous fiscal. The transmission and distribution loss in the franchise area during 2014-15 stood at 29.71 per cent.
The Bharatpur distribution franchise is spread over 50 sq km and has 47,641 registered consumers, which grew 2.5 per cent. It has 165 HT consumers. It reported T&D losses of 27.43 per cent.
CESC said that automation in distribution, along with digital services for new connections, name change and AC connection were being organised in the two franchise areas.
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