North Eastern Electricity Supply Company of Orissa Ltd.

DISCOM NAME NESCO
STATE NAME Odisha
DISCOM DESCRIPTION North Eastern Electricity Supply Company of Odisha Limited (NESCO) was incorporated on 19.11.1997 under the Companies Act, 1956. It has taken over the Business of “ Distribution and Retail Supply of Electricity” in the North Eastern Zone of the Odisha of GRIDCO, comprising the Districts of Balasore, Mayurbhanj, Keonjhar, Jajpur, and Bhadrak. Pursuant to the Odisha Electricity Reforms Act 1995 and Odisha Electricity Reforms (Transfer of Assets, Liabilities, Proceedings and Personnel of GRIDCO to Distribution Companies) Rules 1998, in the year 1998 all the assets of GRIDCO pertaining to the distribution business and distribution undertaking in the North Eastern Zone of GRDICO was transferred to NESCO vide Odisha Gazette Notification Published vide S.r.No. 750/98 dated 26/11/1998 and NESCO started its business operation on and from that date. Keeping in view the objectives of the power sector reform, the management of the Company has been handed over to BSES Ltd. (Now Reliance Energy Limited,), Mumbai on 01.04.1999, upon transfer of 51% shares hold by GRIDCO in the company in favour of BSES Ltd. through competitive bidding process.
WEBSITE URL http://www.nescoodisha.com/
ABOUT DISCOM North Eastern Electricity Supply Company of Odisha Limited (NESCO) was incorporated on 19.11.1997 under the Companies Act, 1956. It has taken over the Business of “ Distribution and Retail Supply of Electricity” in the North Eastern Zone of the Odisha of GRIDCO, comprising the Districts of Balasore, Mayurbhanj, Keonjhar, Jajpur, and Bhadrak. Pursuant to the Odisha Electricity Reforms Act 1995 and Odisha Electricity Reforms (Transfer of Assets, Liabilities, Proceedings and Personnel of GRIDCO to Distribution Companies) Rules 1998, in the year 1998 all the assets of GRIDCO pertaining to the distribution business and distribution undertaking in the North Eastern Zone of GRDICO was transferred to NESCO vide Odisha Gazette Notification Published vide S.r.No. 750/98 dated 26/11/1998 and NESCO started its business operation on and from that date. Keeping in view the objectives of the power sector reform, the management of the Company has been handed over to BSES Ltd. (Now Reliance Energy Limited,), Mumbai on 01.04.1999, upon transfer of 51% shares hold by GRIDCO in the company in favour of BSES Ltd. through competitive bidding process.
HEAD OFFICE ADDRESS Januganj,
Balasore,
Pin : 756019,
Ph : (06782)-269864,
ERC NAME Orissa Electricity Regulatory Commission

Other Discoms Belonging To Odisha

1
Central Electricity Supply Company of Orissa Ltd.    (CESU)
2
Western Electricity Supply Company of Orissa Ltd.    (WESCO)
3
Southern Electricity Supply Company of Orissa Ltd.    (SOUTHCO)