Chandigarh Power Dept in profits, will privatisation help?

Despite being in the pink of condition, the Centre is bent on giving the UT Electricity Department into the private hands. The department has been generating profit for the past five years. In 2017-18, the department had earned a record profit of Rs 258 crore with the line loss of 9.51 per cent, which is below the 15 per cent target fixed by the Ministry of Power.

The department has also been conferred with the Utility Award. Contrary to, by and large, smooth functioning of the Chandigarh Electricity Department, the Centre on May 12 last year, had decided to privatise the electricity distribution in all the Union Territories.

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