Bhubaneswar – Tata Power, through its Odisha power distribution companies, has awarded contracts worth Rs 11,481 crore to local contractors and suppliers. This initiative highlights Tata Power's commitment to supporting local businesses and contributing to regional economic development.

Contract Details

Over the past three years, since Tata Power began managing Odisha's power distribution, the company has placed orders amounting to Rs 8,690 crore with local micro, small, and medium enterprises (MSMEs) and Rs 2,791 crore with non-MSMEs. These contracts cover two main areas: materials and services.

Breakdown of Contracts

Service Sector: The discoms have granted contracts worth Rs 7,560 crore to 4,347 local vendors. These contracts involve services such as meter reading, billing, network maintenance, and more.

Materials Supply: Contracts valued at Rs 3,921 crore have been awarded to 2,298 suppliers for essential components including distribution transformers, cables, poles, and other equipment.

Impact and Vision

The awarded contracts align with the "Make in Odisha" vision, aiming to boost local economic growth and enhance the region's business landscape. The company emphasized that these partnerships are crucial for daily operations and provide employment opportunities for residents in the area.

The diverse range of contracts covers vital activities such as meter installation, billing, collection, call center operations, and administrative roles including housekeeping and catering.

Tata Power’s initiative not only supports local vendors but also plays a significant role in the economic progress of Odisha, reflecting the company's dedication to regional development and prosperity.

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