India to privatise all electricity discoms in union territories
NEW DELHI: India will privatise all electricity distribution companies (discoms) in the Union Territories, said power minister Raj Kumar Singh at a digital interaction with industry chief executives on Friday.
Unlike discoms in the states, which fall under the remit of the respective state governments, there is a separate dispensation for discoms in Union Territories, as they are administered directly by the central government.
The government on Wednesday had announced a reform-linked ₹90,000 crore liquidity injection into fund-starved discoms as part of a ₹20 trillion stimulus package to revive the economy. These funds, as reported by Mint earlier, will be given to discoms against state government guarantees and are accompanied by a temporary tariff reduction.
