Finance Minister Nirmala Sitharaman on Saturday mentioned electric power distribution firms in Union Territories (UTs) will be privatised.
This is envisioned to supply a product to be replicated in states later to enhance efficiency and entice financial investment. Unveiling the fourth tranche of the Rs twenty lakh crore stimulus offer to revive the coronavirus-strike financial system, Sitharaman mentioned there is sub-optimum overall performance of electric power distribution and source in the nation.
She mentioned privatisation of discoms will direct to much better support to customers and advancement in operational and economical efficiency in electric power distribution. This would provide as