Fedco to tap townships, international markets for growth

Firm looking to collaborate with SAIL to expand business

Feedback Energy Distribution Company Ltd (Fedco), a fully owned subsidiary of Feedback Infra Ltd, is looking to tap potential segments like townships and international markets to grow its business.

The company that operates as a power distribution franchisee is actively holding discussions on collaborating with the Steel Authority of India Ltd (SAIL) to provide services. Diversification of business is expected to cut Fedco's dependence on electricity distribution utilities.

"We are looking at three to four townships and are actively in discussions with SAIL. Some private townships have shown interest in our distribution franchisee business model. The Kandla Port Trust is also interested