Maharashtra State Electricity Distribution Company (MSEDCL) director Vishwas Pathak Tuesday claimed that transmission and distribution (T&D) losses have reduced drastically, and said the firm is looking to enlist private participation.
It will finalise franchises for two more circles by month-end, he said.
Addressing a press conference here, Pathak said in the last four years under the Devendra Fadnavis-led government the state has managed to reduce the T&D losses to 14.5 per cent from 17.5 per cent in 2014.
“We, at MSEDCL, have taken various initiatives to reduce the T&D losses. But areas where the losses were very high, its imperative to bring in the private sector,” he said.
Pathak said the bid process for appointing the franchisees for Shil-Mumbra-Kalwa and Malegaon circles is in the last stage and the bidders will be finalised by the month-end.[Courtesy-Business Standard]