Dadra & Nagar Haveli, Daman and Diu power supply network privatization
Sector: Power Generation (CCGT) • Location: India
Source: World Bank Group
The project involves the partial divestiture of the electricity distribution company (DSICOM) in the Dadra, Nagar Haveli, Daman, and the island of Diu Union Territory (UT) in India. The sponsor - Torrent Power, acquired 51% stake in a newly formed SPV, which is called Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation Limited (DNHDDPDCL), from the administrator of the Union Te
- Status
- Prospective
- Sector
- Power Generation (CCGT), Government
- Location
- India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project involves the partial divestiture of the electricity distribution company (DSICOM) in the Dadra, Nagar Haveli, Daman, and the island of Diu Union Territory (UT) in India. The sponsor - Torrent Power, acquired 51% stake in a newly formed SPV, which is called Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation Limited (DNHDDPDCL), from the administrator of the Union Territory (with 49%). Torrent Power will be responsible for distribution and retail supply of electricity for around 150 thousand inhabitants of the UT. The contract award method for this project was a competitive bidding with Torrent Power winning by outbidding the other participants with an offer of $73.35m. Financial close took place on April 1st, 2022. https://timesofindia.indiatimes.com/business/india-business/torrent-power-takes-over-power-supply-in-dadra-daman-diu/articleshow/90597003.cms https://www.business-standard.com/article/companies/torrent-power-takes-over-distribution-in-dadra-nagar-haveli-daman-diu-122040100614_1.html https://mercomindia.com/torrent-acquires-stake-in-dadra-nagar-haveli-daman-diu-discom/ https://www.livemint.com/companies/news/torrent-power-buys-majority-stake-in-dadra-and-nagar-haveli-discom-11647414254273.html |
Original sector | Energy |
Budget |
Location
Country | India |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Government |
Article published date | 2024-09-23 |
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