R-Infra may put its Mumbai Network on sale

Tata power is offering a proposal to take over R-Infra's Mumbai network. R-Infra is the major distribution business of Reliance Infrastructure. Customers will be benefited as there will be no wheeling charges while taking over a network according to S Ramakrishnan, Executive Director of Tata Power. The proposal is already passed by the company before Government of Maharashtra.

Tata Power has asked R-Infra to stop power supply for the network while R-Infra is refusing to sign an agreement on power purchase. In its support Tata Power has informed that the company was ready to take over 2.8 lakh customers of R-Infra with its network. Earlier Tata Power had got a ruling from the Supreme Court not to supply power to R-Infra without a PPA, through which Tata Power got the power to stop power supply from 1st of April. Later, it has supplied power as state Government interfered in the matter. Tata is looking forward to sell its power to other states to gain huge profit. The company has also informed that it has extra 200 MW for usage.