Eleven Power wins 25-year Gurgaon electricity licence
In short
Haryana’s power regulator has given Eleven Power a 25-year licence to distribute electricity in Gurgaon, Manesar, Sohna and Nuh.
The report says a Rs 4,716.7 crore plan could give more than 8.3 lakh consumers another choice of supplier. It still depends on network work and more approvals.
What the reporting says
Haryana Electricity Regulatory Commission has granted Eleven Power a 25-year electricity distribution licence for Gurgaon, Manesar, Sohna and Nuh, according to publisher-supplied reporting. The summary says the company’s Rs 4,716.7 crore investment plan could give more than 8.3 lakh consumers a choice of supplier alongside state-run utilities. The reporting says that depends on network development and further regulatory approvals, so timing and competitive effects are still uncertain.
Why it matters
The Haryana Electricity Regulatory Commission has granted Eleven Power a 25-year electricity distribution licence covering Gurgaon, Manesar, Sohna and Nuh. The reported Rs 4,716.7 crore investment plan could eventually offer more than 8.3 lakh consumers a choice beyond state-run utilities. The practical impact depends on network buildout and regulatory approvals, so near-term changes are not guaranteed.