Uttar Pradesh Power Corporation Limited (UPPCL) franchisee company Torrent Power is expected to take over the electricity distribution system of the city by June this year.
UPPCL subsidiary Kanpur Electricity Supply Company (Kesco) inked the Memorandum of Understanding (MoU) to hand over the power distribution to Torrent Power Limited last year. According to the MoU, working under the input-based franchisee model system, Kesco will hand over the distribution of electricity, realisation of bills, maintenance and development of the infrastructure and other related works to the Torrent Power Limited for a period of 20 years.
The takeover by Torrent was hanging in abeyance due to severe opposition from the Kesco staff, which has led to a few rages in some parts of city where the Torrent officials were physically assaulted.
According to Torrent Power CEO (North), A N Singh, the company had earlier took over power distribution in Agra as the records showed better viability and profitability there.