FEDCO to take over power distribution services of five districts in Madhya Pradesh
Three Madhya Pradesh distribution companies have signed an agreement with privately-owned Feedback Energy Distribution Company (FEDCO) to provide power distribution services on the management operator model in five districts of the state. Under the terms of the agreements, FEDCO will carry out meter installation and services, feeder metering and energy audit, and revenue collection. Its area of responsibility includes half a million customers.
Source: Financial Express