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U.P. poised to greenlight DISCOM privatisation despite protests
Hindustan Times Lucknow
|December 10, 2024
LUCKNOW: The Uttar Pradesh government is steadfast in its decision to privatize two power distribution companies (DISCOMs), despite opposition from employee unions.
The proposal to hand over the Agra and Varanasi DISCOMs to private players under a 50:49 partnership model is set to receive Cabinet approval soon.
The energy task force (ETF), chaired by chief secretary Manoj Kumar Singh, cleared the proposal last week, paving the way for its next steps.
"The proposal will soon be presented to the Cabinet. Once approved, bidding documents will be submitted to the UP Electricity Regulatory Commission for final clearance, following which a transparent bidding process will be initiated to select private companies," a senior Uttar Pradesh Power Corporation Limited (UPPCL) official said.
Diese Geschichte stammt aus der December 10, 2024-Ausgabe von Hindustan Times Lucknow.
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