亚博体育官网首页

UP Plans Privatisation of Two Power Distribution Companies
POWER & RENEWABLE ENERGY

UP Plans Privatisation of Two Power Distribution Companies

Uttar Pradesh is considering the privatisation of two of its four power distribution companies, according to a state government tender. This move comes as the country's most populous state faces challenges with power losses and insufficient transmission infrastructure.

The state government has invited private companies to either form partnerships with or fully privatise the state-owned Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam, as indicated in the tender issued on January 12.

Many state power distribution companies across India are experiencing financial losses due to outdated power transmission systems and frequent power failures. As a result, the government is seeking to involve private players in the sector.

Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam are each responsible for power distribution in 21 districts of Uttar Pradesh.

In response to the increasing investment demand in the power sector and the need to upgrade the transmission infrastructure to accommodate more renewable energy, the country's power minister urged states last year to identify and list their profit-making power utilities on the stock exchange.

Delhi, the capital of India, and the eastern state of Odisha already have public-private partnerships for power distribution.

Tata Power, a prominent private company in the Indian power distribution sector, operates in Odisha, Delhi, and Mumbai.

Uttar Pradesh is considering the privatisation of two of its four power distribution companies, according to a state government tender. This move comes as the country's most populous state faces challenges with power losses and insufficient transmission infrastructure. The state government has invited private companies to either form partnerships with or fully privatise the state-owned Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam, as indicated in the tender issued on January 12. Many state power distribution companies across India are experiencing financial losses due to outdated power transmission systems and frequent power failures. As a result, the government is seeking to involve private players in the sector. Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam are each responsible for power distribution in 21 districts of Uttar Pradesh. In response to the increasing investment demand in the power sector and the need to upgrade the transmission infrastructure to accommodate more renewable energy, the country's power minister urged states last year to identify and list their profit-making power utilities on the stock exchange. Delhi, the capital of India, and the eastern state of Odisha already have public-private partnerships for power distribution. Tata Power, a prominent private company in the Indian power distribution sector, operates in Odisha, Delhi, and Mumbai.

Next Story
Infrastructure Urban

MoHUA Plans New Role for Smart City SPVs

In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..

Next Story
Infrastructure Urban

ADB Approves $110 Million Loan to Boost Skills in Gujarat

The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat鈥檚 efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..

Next Story
Infrastructure Urban

SDAL Tests Rudrastra UAV and Bhargavastra Defence System

Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India鈥檚 Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement