Southern Electricity Supply Company Of Orissa Limited (SOUTHCO)
was incorporated on 19-11-1997 under the Companies Act,1956 as a
Public Limited Company. The Company started functioning with effect
from 26-11-1998, under the distribution and retail supply license
of GRIDCO, after notification in the official gazette by the Govt.
of Orissa. SOUTHCO received the Distribution and Retail Supply license
from Orissa Electricity Regulatory Commission (OERC) for distribution
and retail supply of electricity in the Southern Orissa, consisting
of districts of Ganjam, Gajapati, Rayagada, Koraput, Phulabani,
Kandhamal, Nawrangpur, Malkangiri, and Puri (some parts) with effect
from 01-04-1999. By virtue of Power Sector reform in Orissa, SOUTHCO
became a subsidiary of BSES Limited, Mumbai on 1st April, 1999 by
acquisition of 51% of the shareholding of the Company by BSES Limited.
The Company has authorised and paid up capital of Rs.37.66 crores.
SOUTHCO operates in the geographical area covering 47,000 sq. kms.
and provides electricity to about four lakhs consumers in its licensed
SOUTHCO is committed
to transform itself into a successful and efficient electric supply
company, responsive to the needs and expectations of consumers and
interests of all stakeholders. Through teamwork and innovations,
SOUTHCO shall ensure.
of an efficient and reliable electricity supply network which meets
the requirement of diverse group of consumers.
of the Company as a learning organisation which consider customer
satisfaction as main purpose of business.
of the billing system, revenue collection and other value added
services for consumers.
of safety, loss reduction activities & promoting environment