Centre asks Puducherry to prepare for privatisation of power distribution
The Union home ministry has directed the Puducherry government to prepare a roadmap for unbundling and privatizing electricity distribution utility in the Union territory.Deputy commandant Ravi Ranjan in the Union home ministry, in a communication to Puducherry chief secretary Ashwani Kumar, directed him to avail guidance and services of a transaction adviser provided by the Union power ministry to take forward the corporatization/ privatization process.The Union government in May this year announced privatization of electricity distribution in eight Union territories including Puducherry as part of the stimulus package announced by the Union finance minister amid Covid-19 pandemic.The decision was met with strong opposition from the ruling.....