Privatization of Power Companies in Union Territories : Finance Minister Nirmala Sitharaman

New Delhi : Finance Minister Nirmala Sitharaman held a press conference today i.e. May 16, Saturday at 4 pm. In the last three days, Union Finance Minister Nirmala Sitharaman has announced three tranches of measures to cushion the impact of the Covid-19 pandemic and the lockdown on the economy.

Privatization of power companies in union territories

Power distribution companies in Union Territories to be privatised to improve sub-optimal performance of discoms, announces Finance Minister Nirmala Sitharaman. A Tariff policy with reforms will be released, including consumer rights, promotion of industry and sustainability of sector, she adds.

The government will release a tariff policy with reforms, including consumer rights, promotion of industry and sustainability of sector.