According to press release, Feedback
Ventures has bagged a two year assignment from Maha Vitran, the Maharashtra
State Electricity Distribution Co. to supervise over Rs.5,400 crore investment
across three zones of Maharashtra.
According to this assignment, Feedback
Ventures will supervise a part of Mahavitran's Rs.14,300 crore investment
program to reduce T&D losses, provide reliable and quality supply to the
consumers, meet future demand and improve the existing system.
Feedback has been awarded three zones
which includes Akola and Nashik, covering 13 districts. It is the only company to
have been awarded three zones to provide project management consultancy
services, others have two zones each. It is estimated that the Rs.5,430 crore
will be invested by the turnkey private contractors in these three zones alone.