India, Oct. 27 -- Refineries are among the hungriest power users in any city, and they can't afford a blackout. A sudden loss of power can halt processing units, waste feedstock and create safety risks. So large industrial plants usually need dedicated high-voltage connections rather than ordinary supply lines. For utilities, serving such customers is steady, long-term business that also strengthens the wider grid.

The Nifty 50 was trading at 22,741.60, down 0.05%. Meanwhile, Sensex also fell 0.11% to 73,527.01 on Tuesday. Meanwhile, Shares of Tata Power Company Ltd. were closed at Rs. 339.10, up 0.18 percent from previous close of Rs. 338.50. The stock opened at Rs. 337.90 and reached an intraday high of Rs. 341.75 and low of Rs. 333.5...