Discoms need not go private now, Karnataka government tells Centre
The state government has rejected the Centre’s proposal to privatise power distribution companies (discoms) in Karnataka, stating that it was not necessary right now.
Under the proposal, power supply to various parts of the states by three of the five discoms under Karnataka Power Transmission Corporation Ltd would have been privatised.
The move was floated by the Ministry of Power last year which suggested several franchisee models to be adopted by states while offering the escoms for privatisation.
As part of the reforms announced to boost the Covid-19-hit economy, the Centre had sent a proposal to the state government on September 20, with draft standard bidding documents for privatising power supply of Bengaluru Electricity Supply Company, Chamundeshwari Electricity Supply Company and Gulbarga Electricity Supply Company.
