Western Electricity Supply Company of Odisha
| Government | |
| Industry | Electricity Transmission |
| Founded | 1997 |
| Headquarters | Sambalpur, Odisha, India |
Area served | Odisha, India |
Key people | Shri Hemant Sharma, IAS CMD |
| Products | Electricity |
| Website | www.wescoodisha.com |
Western Electricity Supply Company of Odisha or WESCO was incorporated as a Public Limited Company of Government of Odisha on November 19, 1997 to carry out the distribution and retail supply business of electricity in the entire Western Odisha. Western Electricity Supply Company of Odisha got the Certificate of Commencement of Business on 30th December 1997 and started functioning as a subsidiary of Grid Corporation of Odisha (GRIDCO) , a Government of Odisha Power Utility, from November 26, 1998 under Distribution and Retail Supply License. Subsequently, the Company obtained its own license for Retail Supply from Orissa Electricity Regulatory Commission (OERC) with effect from April 1999. After privatisation of Distribution business under power sector reform process ,WESCO became a subsidiary of BSES Ltd , the premier Mumbai based Power Utility with acquisition 51 % majority share-holding.The authorised and paid up capital of the Company is 48.65 crores . The licensed area of operation of the Company is 48,000 sq. km and covers nine revenue districts of Western Orissa namely, Sundargarh, Jharsuguda, Sambalpur, Deogarh, Bargarh, Sonepur, Bolangir, Nuapada and Kalahandi.Our Corporate Office at Burla. [1]
References
- ↑ "About The Company". WESCO. Retrieved 18 August 2014.