Privatization
Torrent Power formally takes over power distribution in DNH&DD
- Apr 1, 2022
Torrent Power has announced the formal takeover of power distribution operations in the Union Territory of Dadra & Nagar Haveli and Daman & Diu (DNH&DD). DNH&DD becomes the first Union Territory to be privatized under the Read more
Torrent Power set to acquire 51 per cent stake in DNH&DD discom
- Mar 16, 2022
Torrent Power has entered into formal agreements to acquire 51 per cent equity stake in the special purpose vehicle “Dadra & Nagar Haveli and Daman & Diu Power Distribution Corporation Ltd”. With this, Torrent Power is set to Read more
Power distribution privatization likely to be discussed in monsoon session
- Jun 30, 2021
Several reforms-linked measures in the power distribution space are likely to be discussed at the upcoming Monsoon Session of Parliament, it is reliably learnt. According to reports, The Electricity (Amendment) Bill 2021, which, among other things, seeks to empower Read more
High Court stays Chandigarh discom privatization, Centre might appeal
- Dec 3, 2020
While the Punjab & Haryana High Court has stayed the privatization process of Chandigarh’s electricity distribution, media reports suggest that the Centre might appeal against the ruling. The Punjab & Haryana High Court, it may be mentioned, has issued Read more
Privatization of power distribution in Chandigarh kicks off
- Nov 12, 2020
The process of privatizing power distribution in the Union Territory of Chandigarh has started, marked by the floating of the “notice inviting bids”. The Electricity Wing of Engineering Department of Union Territory of Chandigarh has officially invited bids from Read more