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States should list gencos, discoms: Khattar
Business Standard
|November 13, 2024
Citing that the country's power sector would require investments to the tune of ₹22 trillion in this decade, Union Minister for Power M L Khattar (pictured) urged states to publicly list their profit-making entities.
"Those states which have good performing generating (gencos) or transmission companies (transcos) and even power distribution companies (discoms) should consider listing them on exchanges," Khattar said at the concluding session of the State Power Ministers' conference in Delhi.
He said Gujarat and Haryana were considering listing their power utilities. "The first in line can be transcos, followed by gencos. Discoms are usually not financially healthy, so states should improve their prospects and rankings before considering their listing," Khattar said.
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