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Fedco eyes more states for power distribution franchise business

The company is in talks with Rajasthan, Maharashtra govts

Fedco eyes more states for power distribution franchise business
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Jayajit Dash Bhubaneswar
Feedback Energy Distribution Company Ltd (Fedco), a fully owned subsidiary of Feedback Infra Ltd, is looking at 5-6 more states for power distribution franchise business. Fedco has been actively operating in select areas of Odisha as an electricity distribution franchisee since 2012-13.

Devtosh Chaturvedi, managing director, Fedco said, “We are closely monitoring Uttarakhand, we have been getting calls. In Rajasthan, we are talking to them on the management-operator model. We have already started some work in Madhya Pradesh. For Maharashtra, there have been some internal discussions. We are looking at which model they will choose.”

For expanding its power distribution