Tamil Nadu Government Approves Bifurcation of Tangedco
Tangedco will be divided into two entities - the Tamil Nadu Power Generation Corporation Ltd. (TNPGC) and the Tamil Nadu Power Distribution Corporation Ltd. (TNPDC).
February 05, 2024. By Abha Rustagi
According to the government order, Tangedco will be divided into two entities - the Tamil Nadu Power Generation Corporation Ltd. (TNPGC) and the Tamil Nadu Power Distribution Corporation Ltd. (TNPDC). The TNPGC will oversee fossil fuel-based thermal power plants, including both existing and under-construction facilities. Meanwhile, the TNPDC will handle the distribution of electricity across the state, encompassing power procurement, metering, billing, and customer support.
In a bid to accelerate the state's energy transition plans and gain access to green funds,the Tamil Nadu Green Energy Corporation Limited (TNGEC) is set to emerge through the integration of Tangedco's renewable energy division with the Tamil Nadu Energy Development Authority (TEDA). This newly established entity will be responsible for owning, operating, and maintaining all current and upcoming assets related to hydro generation, pumped hydro, and other clean and renewable energy projects.
While Tangedco will continue to operate until the formation of the generation and distribution companies, the new entities are anticipated to be established within this financial year. All three companies will be wholly owned subsidiaries of TNEB Ltd.
The government emphasizes that the power sector is undergoing a paradigm shift with disruptions across the value chain, primarily focusing on the transition to clean energy.
please contact: contact@energetica-india.net.
Aman Mehtani
Founder & Group CEO
ADM Group Offers Smart, Sustainable Solutions for Global Automotive Industry
Gaurav Dolwani
CEO
From Scrap to Sustainability: LICO Materials’ Circular Economy Approach
Gaurav Kumar
Head of Supply Chain and Manufacturing
Euler Motors Bridges Cost Gap Between EVs and ICE Vehicles with Localization
Shveta Arya
India Region Leader
Powering India’s Mobility Future: Cummins Showcases Advanced Power Solutions at Bharat Mobility
Samkit Shah
Co-Founder
Jitendra EV Leading Hybrid EV Revolution with Hydrix