“PRIVATIZATION OF POWER DISTRIBUTION IN UTS AN EXCITING STEP,” ASSERTS PWC INDIA

The move will help generate private sector appetite among Indian and international investors, says Sambitosh Mohapatra, Leader – Power and Utilities, PwC India

prioritization of power distribution
Image by Alexander Popov from Unsplash

– The Electrical India Content team 

The Union government’s move to privatize electricity distribution companies (DISCOMs) in the eight Union Territories to ease economic adversity owing to the on-set of the novel Coronavirus disease (COVID-19) pandemic has been assessed by the industry. For the most, representatives believe that the move has brought out a great deal of improvement in the operational metrics of DISCOMS in the city-state.

Sambitosh Mohapatra, Leader – Power and Utilities, PwC India, said: “Power distribution in UTs to be privatized is an exciting step ahead. “Various PPP models will be tested; and quick demonstration of possible efficiency improvement and customer engagement models. It will provide confidence to larger states and utilities to undertake privatization based on improvements achieved here,” Mohapatra added.

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