+
 Engineers' federation asks govt to put discom privatisation on hold
POWER & RENEWABLE ENERGY

Engineers' federation asks govt to put discom privatisation on hold

The All India Power Engineers Federation (AIPEF) has urged the government to put on hold the privatisation of electricity distribution companies (discoms).

AIPEF told the media that the government must put on hold the privatisation of electricity distribution and stop entrusting the electricity departments of union territories (UTs) to private enterprises.

The federation mentioned that neither the draft Electricity Amendment Bill 2021 nor the standard bidding document has been finalised, but the UTs of Chandigarh and Dadra Nagar Haveli are moving rapidly towards the privatisation of their electricity departments.

The standard bid documents for privatising electricity discoms were put on the Ministry of Power's (MoP) website on 22 September 2020, and were to be applied across the country.

The ministry has stated that the standard bid documents have still not been finalised, claimed AIPEF. The federation pointed out that this puts a question on the entire bidding process of UTs privatisation process.

While in Chandigarh, the bidding was for 100% equity, in Dadra Nagar Haveli, it was for 51%. There is confusion and uncertainty in overbidding the process itself, it claimed.

AIPEF said that in the case of Dadra Nagar Haveli, the bids had been opened, and Torrent had claimed to have won the bid with the highest offer of Rs 555 lakh against a reserve price of Rs 150 lakh.

The Bombay High Court has stayed the further process in case of a PIL filed before it. In the case of UT Chandigarh, the technical bids were opened on March 18, but the opening of financial bids is awaited.

The UT Power Union had challenged the bidding before Punjab Haryana High Court, and the next date of hearing is April 29, it said. The draft amendment bill 2021 has been circulated to the selected few in the month of February, and the power ministry held a discussion on the proposals with all the state power secretaries and CMDs of discom and regulators, stated AIPEF.

Image Source


Also read: NITI Aayog lists 12 PSUs for privatisation

Also read: Ministry of Power: Discoms owe Rs 12.3k cr to RE companies

The All India Power Engineers Federation (AIPEF) has urged the government to put on hold the privatisation of electricity distribution companies (discoms). AIPEF told the media that the government must put on hold the privatisation of electricity distribution and stop entrusting the electricity departments of union territories (UTs) to private enterprises. The federation mentioned that neither the draft Electricity Amendment Bill 2021 nor the standard bidding document has been finalised, but the UTs of Chandigarh and Dadra Nagar Haveli are moving rapidly towards the privatisation of their electricity departments. The standard bid documents for privatising electricity discoms were put on the Ministry of Power's (MoP) website on 22 September 2020, and were to be applied across the country. The ministry has stated that the standard bid documents have still not been finalised, claimed AIPEF. The federation pointed out that this puts a question on the entire bidding process of UTs privatisation process. While in Chandigarh, the bidding was for 100% equity, in Dadra Nagar Haveli, it was for 51%. There is confusion and uncertainty in overbidding the process itself, it claimed. AIPEF said that in the case of Dadra Nagar Haveli, the bids had been opened, and Torrent had claimed to have won the bid with the highest offer of Rs 555 lakh against a reserve price of Rs 150 lakh. The Bombay High Court has stayed the further process in case of a PIL filed before it. In the case of UT Chandigarh, the technical bids were opened on March 18, but the opening of financial bids is awaited. The UT Power Union had challenged the bidding before Punjab Haryana High Court, and the next date of hearing is April 29, it said. The draft amendment bill 2021 has been circulated to the selected few in the month of February, and the power ministry held a discussion on the proposals with all the state power secretaries and CMDs of discom and regulators, stated AIPEF. Image Source Also read: NITI Aayog lists 12 PSUs for privatisation Also read: Ministry of Power: Discoms owe Rs 12.3k cr to RE companies

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?