Search
+

    Discoms in Union Territories to be privatised: FM Nirmala Sitharaman

    Synopsis

    A tariff policy that does not burden consumers with distribution companies' inefficiencies will be guaranteed, FM Nirmala Sitharaman said while presenting the fourth tranche of economic stimulus package.

    Higher defence FDI, commercial coal mining, aviation reforms in FM Sitharaman's fourth tranche of announcements: Watch highlights
    New Delhi: Finance Minister Nirmala Sitharaman on Saturday said electricity distribution companies in Union Territories (UTs) will be privatised.

    A tariff policy that does not burden consumers with distribution companies' inefficiencies will be guaranteed, she said while presenting the fourth tranche of economic stimulus package.
    (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

    Also Read

    9 Comments on this Story

    Uday k80 days ago
    privatize Bescom too
    Melman const80 days ago
    Privatise or corporatise UT also. Some politician will reduce will save some public burden.
    Ganapathi Mohan NV80 days ago
    Discoms in States are running into losses mainly due to Leakage in Revenue. To solve this situation, we need to ask all consumers to declare the no of Airconditioning units, Geyzers and capacity installed each house and monitor the minimum revenue accordingly using Big data analysis. In many houses the residents bypass Meter for their Aircon connections. May be the officials also part of it! There need to be frequent inspection of the premises. This is the only way to collect the right revenue for Discoms.
    The Economic Times