After getting approval of UT Administrator VP Singh Badnore, the UT Administration today sent the final bid report on privatisation of the Electricity Department to the Ministry of Power.
The ministry will now take up the bid report with the Union Cabinet for final approval and after that the department will be handed over to the highest bidder.
On November 9, 2020, the UT Engineering Department had invited bids for privatisation of the Electricity Department and seven companies – Sterlite Power, ReNew Wing Energy, NESCL (NTPC), Adani Transmission Ltd, Tata Power, Torrent Power and Eminent Electricity Power Company – had submitted their bids.