The process of privatizing power distribution in the Union Territory of Chandigarh has started, marked by the floating of the “notice inviting bids”.
The 400kV Udupi-Kasargode transmission system being developed by Sterlite Power, under tariff-based competitive bidding (TBCB) mode, is envisaged for completion by March 2022, which will be eight months ahead of schedule. EPC contracts for major project elements have recently been awarded.