CG ventures into "POWER DISTRIBUTION" domain
Power Distribution, as a new area of operation for CG, was on the cards for the last couple of years but the company was keen on waiting awhile longer to thoroughly understand the Electricity Distribution business. This wait has now paved the way for the company to venture into the complexities of Power Distribution, with full knowledge and confidence.
Its first breakthrough is the Letter of Intent obtained from the Maharashtra State Electricity Distribution Company (Maharashtra, INDIA) for power distribution on a franchisee basis to Jalgoan Urban cum Rural circle. CG would operate and manage the power distribution business for the next ten years as an Independent Electricity Distributor.
Jalgoan circle is spread over approximately 750 square kms, with a connection base of 115000, a decent mix of LT and HT consumers and a load input of approximately 90 MW.