Read more about Shah reviews preparedness for Cyclone Tauktae with Maharashtra, Gujarat CMs on Business Standard. Union Home Minister Amit Shah on Sunday chaired a review meeting with the CMs of Gujarat, Maharashtra and Administrator of Daman and Diu and Dadra Nagar Haveli to assess the preparedness.
Torrent Power announced that with regard to the tender process where the company had emerged as the highest bidder for 51% equity stake in Power Distribution Company for the Union Territories of Dadra
& Nagar Haveli and Daman & Diu.
In this connection, the Hon ble Bombay High Court has, inter alia, suspended the tender process in a
PIL case before the Court until further orders in the matter.
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Torrent Power jumped 5.08% to Rs 383.35 after the company emerged as the highest bidder for acquisition of 51% stake in the power distribution company in the Union Territory of Dadra & Nagar Haveli and Daman & Diu.The acquisition is subject to further formalities as prescribed under the tender documents. The bidding for the distribution business of the Union Territory has been undertaken as part of the Government of India s initiative to privatize distribution utilities of Union Territories to usher in efficiency, which will provide a model for emulation by other utilities across the country.
Torrent Power said it currently distributes nearly 16.66 billion units to over 3.65 million customers in the cities of Ahmedabad, Gandhinagar, Surat, Dahej SEZ and Dholera SIR in Gujarat; Bhiwandi, Shil, Mumbra and Kalwa in Maharashtra and Agra in Uttar Pradesh.
The Active Covid-19 cases in the country are showing a consistent decline. India s total Active Caseload has dropped to 1.36 lakh (1,36,872) today. The present active caseload now consists of just 1.25% of India s total Positive Cases. More than 1.06 Cr (1,06,33,025) people have recovered so far.
A total of 11,805 patients have recovered and got discharged in the last 24 hours. India s Recovery Rate of 97.32% is amongst the highest in the world. The difference between the recovered and active cases has further increased to 1,04,96,153 today. In another positive development, 31 States/UTs have reported Recovery Rate more than the national average. Daman & Diu & Dadra & Nagar Haveli have a recovery rate of 99.88%.
Hitech Corporation has executed a sale deed on 22 January 2021 effecting the sale of the Company s land & building admeasuring 3621 square meters situated at Survey No.1088, Demini Road,
Arihant Industrial Estate, Dadra - 396 230 (U.
T. of Dadra & Nagar Haveli and Daman & Diu), along with the
Company s entire right, title and interest in respect of and/ or in connection with the aforesaid Land and
Building and liabilities pertaining thereto, for a consideration of Rs. 3.83 crore.
The manufacturing operations at the said Unit was discontinued with effect from 31 March 2015
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