WBSEDCL, the state nodal agency for establishing charging infrastructure for electric vehicles, said the stations would be installed on its land but maintained by operators who will offer a share of the revenue. A bidder who will offer the highest revenue share will be awarded the contract for a specific site.

WBSEDCL invites bids to install 205 EV charging and battery swapping stations in PPP.

The West Bengal State Electricity Distribution Company (WBSEDCL) has issued a tender for the comprehensive operation and maintenance of 40 MW ground-mounted solar projects over a span of three years.These projects, each with a capacity of 10 MW, are situated at Tail Race Canal in Haptiagachh (Uttar Dinajpur), along the Teesta Canal Bank in Uttar Dinajpur, in Salboni (Paschim Medinipur), and at Khemasuli (Patni) in Medinipur.

WBSEDCL Tenders for Supplying 40 MW Ground-Mounted Solar Plants Across Various Districts of West Bengal

WBSEDCL has issued e-tender INS-21/2025-26 for insurance coverage of its 7.7 MW Kotaldih Solar Plant from March 2026 to March 2027. The tender seeks coverage for Fire/Earthquake (₹39.08 Cr) and Burglary (₹27.77 Cr). Empanelled insurers must submit bids by January 13, 2026, with selection based on a quality-cum-cost method. Quoted rates must exclude GST, remain valid for 90 days, and may involve premium co-sharing among bidders.

WBSEDCL Issues Limited E-Tender To Insure 7.7 MW Solar Plant At Kotaldih In West Bengal For 2026-27

Tariff inadequacy caused regulatory assets to rise from ₹20,014.06 crore in FY23 to ₹21,337.22 crore in FY24, despite the March 2024 issuance of the FY25 tariff order.




In FY24, WBSEDCL's distribution losses (16.18%) and AT&C losses (17.17%) improved but remained high. This was driven by better billing efficiency (83.75%), despite a slight dip in collection efficiency to 98.90%.



The issuer has made timely interest payments

Santanu Basu, Chairman & Managing Director

As a strategically vital, state-owned entity, WBSEDCL receives consistent financial backing from the GoWB to manage liquidity. This includes grants, interest-free loans, and a ₹949.39 crore equity infusion in FY24.


WBSEDCL dominates West Bengal's power distribution, serving 2.31 crore consumers across nearly the entire state (excluding areas like CESC and DVC).



The MVCA mechanism benefits WBSEDCL by allowing monthly pass-through of power-purchase costs, which comprise 75-80% of total expenses, ensuring timely cost recovery.


WBSEDCL maintains nearly 100% metering and computerized billing, ensuring a strong 98.90% collection efficiency in FY24 (99.33% in FY23).



Under WBERC 2011 regulations, WBSEDCL sets tariffs via an Annual Revenue Requirement (ARR) that ensures a 16.5% return on equity. The company recovers excess fuel and power purchase costs through FPPCA petitions, while other "uncontrollable" expenses are passed through in future tariff adjustments. 


WBSEDCL’s capital structure remains comfortable, with overall gearing improving to 0.60x (from 0.67x) in FY24, driven by debt reduction from ₹16,586.78 crore to ₹15,439.11 crore. Meanwhile, TOL/TNW remained stable at 1.52x.


WBSEDCL’s consumer mix is favorable, led by Domestic (42%), Industrial (32%), and Commercial (19%) segments, with irrigation and others comprising the remaining 7% in 9MFY24.




Security Name: 10.85% West Bengal State Electricity Distribution Company Limited 04 Aug 2026

ISIN: INE411L07031

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