Odisha Discoms have now contracted A The power sector led by Tata Power has recently ensured supply chain procurement contracts of Rs… The contracts were made available by TP Central, TP Southern, TP Northern, and TP Western Odisha Distribution Limited which are the joint ventures of Tata Power and the Government of Odisha which exercises powers in the distribution of power in Odisha.
Table of Contents
What are the Important Contracts that Odisha Discoms Enter into?
In the past three years, the Odisha Discoms have floated tenders worth Rs 8,690 crore to micro, small, and medium enterprises (MSMEs) of the state and Rs 2,791 crore contracts awarded to non-MSMEs. To date, these contracts include materials and services sectors and involve 6,645 local vendors and suppliers that support local employment and the state’s economy.
Out of the mentioned contracts, the following types of contracts have been awarded
There is only a basic categorization of contracts which is between the service contracts and the contracts involving the supply of materials. Of them, in the services sector including important service chores like billing, network maintenance, and meter reading, 4,347 suppliers have been awarded contracts for Rs 7,560 crore. Out of the above list for the material sector for covering distribution transformers, cables, poles, and IT equipment, 2,298 contracts were assigned with a total value of Rs 3,921 crore.
This is how it supports the local community;
To this effect, Tata Power has explained that apart from meeting operational needs these partnerships are in line with the Make in Odisha vision. There has been a lot of emphasis on employing locals from the surrounding area to work for these vendors, to benefit the local community. It also aspires to add substantial value to Odisha’s economy by contributing to employment and improving the infrastructural foundation.
How is Tata Power contributing to Odisha’s Economic development?
Tata Power is thus heavily engaged in the development of Odisha and it is giving out these mammoth contracts which are needed for the growth of the state’s economy. These measures the company said are paramount in managing day activities and are in line with the Government’s agenda of boosting the Make in Odisha drive. These steps are envisaged to improve the fortunes of local industries to meet the state’s development agendas.
Conclusion:
This paper aims at focusing on the vital part played by the Odisha Discoms for the economic development.
The Odisha Discoms under the umbrella of Tata Power remain as the ingredients for the growth of the economy through their vendor and supplier relations. Not only have these contracts Texas a vigorous attempt at stimulating the local industries and body of employment with plentiful of materials and services. It can be concluded that it can be of considerable benefit not only for the sector of power distribution but for the further development of Odisha’s economy in general.
