Uttar Pradesh looks to privatise two power distribution firms
1 day, 10 hours ago

Uttar Pradesh looks to privatise two power distribution firms

The Hindu  

Uttar Pradesh is looking to privatise two of its four power distribution companies, a State government tender showed, as the country's most populous state grapples with power losses and a lack of sufficient transmission infrastructure. The State is inviting private companies to form partnerships with or privatise state-owned Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam, per the tender dated January 12. A majority of State power distribution companies in India are suffering losses due to older power transmission systems and frequent power losses, prompting the government to bring in private players. Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam are each responsible for power distribution in 21 districts of Uttar Pradesh.

India Uttar Pradesh Power Power Distribution State Distribution  uttar  private  privatise  transmission  losses  distribution  looks  state  nigam  vitran  vidyut  power  countrys  pradesh  firms

History of this topic

Proposed privatisation: Power men in U.P. to wear black armbands in protest
1 month ago

Proposed privatisation: Power men in U.P. to wear black armbands in protest

Hindustan Times  

Electricity department employees, including engineers, across Uttar Pradesh will wear black armbands on Tuesday in protest against the proposed privatisation of two power distribution companies, demanding a thorough review of the privatisation experiments in Agra and Greater Noida before implementing similar measures elsewhere. Power employees are demanding a thorough review of the privatisation experiments in Agra and Greater Noida before …

No plan to privatise any other discom, says UPPCL chairman
1 month, 1 week ago

No plan to privatise any other discom, says UPPCL chairman

Hindustan Times  

LUCKNOW UP Power Corporation Limited chairman Ashish Kumar Goel on Tuesday clarified that there were no plans for private participation-based reforms in Madhyanchal, Paschimanchal or Kesco discoms, contrary to rumours. The corporation had earlier proposed restructuring its power network by splitting the Purvanchal discom into three entities and the Dakshinanchal discom into two. During a review meeting here, Goel reiterated …

UP Power Sector: Plans Underway To Privatise Loss-Making Electricity Distribution Companies
1 month, 2 weeks ago

UP Power Sector: Plans Underway To Privatise Loss-Making Electricity Distribution Companies

ABP News  

UP Electricity Privatisation News: The Uttar Pradesh Power Corporation Limited is preparing to privatise electricity distribution in the state, aiming to address the persistent financial losses faced by its power distribution companies. The decision was finalised during a high-level meeting held on Monday, which included UPPCL Chairman and the Managing Directors of the state's distribution companies. The objective is to …

Power Sector Reforms Drive Odisha’s Economic Growth; Distribution Model Sets Up New Standards
10 months ago

Power Sector Reforms Drive Odisha’s Economic Growth; Distribution Model Sets Up New Standards

Deccan Chronicle  

Bhubaneswar: Odisha, which has of late emerged as one of the most favourite investment destinations for manufacturing and service sector players, seems to be hugely benefiting from the sweeping power sector reforms. “With several milestones crossed in the past three years, including an increase in new connections, job creation for fifty thousand people, industrial linkages to over five thousand facilities, …

Power discom gives ₹5.50 cr proposal to raise power capacity in Noida
10 months, 3 weeks ago

Power discom gives ₹5.50 cr proposal to raise power capacity in Noida

Hindustan Times  

The power distribution company Paschimanchal Vidyut Vitran Nigam Limited --responsible for supplying electricity in Noida -- has sent a proposal to the state government to enhance the capacity of power substations in Noida, aiming to provide better power supply to residents in summers. The discom PVVNL has estimated it may cost around ₹ 5.50 crore to enhance the capacity, and …

Stocks to Watch: Avalon Tech, Adani Group, Vedanta, Zee Ent, Jubilant Foodworks
1 year, 8 months ago

Stocks to Watch: Avalon Tech, Adani Group, Vedanta, Zee Ent, Jubilant Foodworks

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Avalon Technologies: Avalon Technologies is set to make its market debut on Tuesday after the initial public offering. Zee Entertainment: Chinese fund house, OFI Global China Fund, exited Zee Entertainment by selling its entire stake for ₹1,004 crore through a block deal. As per BSE's block …

Another private player applies for power distribution licence; state employees blow a fuse
2 years ago

Another private player applies for power distribution licence; state employees blow a fuse

Hindustan Times  

Barely a week after deputy chief minister Devendra Fadnavis assured the striking employees of state-owned power companies that it would contest the entry of Adani Group in Navi Mumbai and Thane, another private player has made an effort to enter the market. Mohan Sharma, president of Maharashtra Electricity Workers Federation, said the entry of private firms in revenue-rich areas would …

Tata Power to invest Rs 6,000 cr for reliable power in Odisha
2 years, 1 month ago

Tata Power to invest Rs 6,000 cr for reliable power in Odisha

Deccan Chronicle  

BHUBANESWAR: Tata Power, one of India’s largest integrated power companies, will spend Rs 6,000 crore in Odisha on system improvements through technology adoptions, building and strengthening the physical infrastructures for reliable and quality power to consumers across segments, including domestic, industries and agriculture. Speaking to this newspaper on the sidelines of ‘Make in Odisha Conclave 2022,’ Tata Power CEO & …

Press Release: Tata Power Honoured By CII
5 years, 5 months ago

Press Release: Tata Power Honoured By CII

The Quint  

About Tata Power: Tata Power is India’s largest integrated power company and, together with its subsidiaries & jointly controlled entities, has an installed capacity of 10957 MW. With renewable energy assets in solar and wind accounting for 30% of the company's portfolio, Tata Power is a leader in clean energy generation. It has successful public-private partnerships in generation, transmission & …

Amid privatisation murmurs, PwC begins study of power distribution in UP
5 years, 6 months ago

Amid privatisation murmurs, PwC begins study of power distribution in UP

Hindustan Times  

Amid renewed talks of possible privatisation of the power sector in Uttar Pradesh, Central government’s policy think tank Niti Aayog has started a primary study of power distribution system of the state through professional services firm PricewaterhouseCoopers. The proposed Electricity Bill Act that sought to effect crucial changes in the country’s power sector also provided for the entry of private …

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