UP Plans Privatisation of Two Power Distribution Companies
POWER & RENEWABLE ENERGY

UP Plans Privatisation of Two Power Distribution Companies

Uttar Pradesh is considering the privatisation of two of its four power distribution companies, according to a state government tender. This move comes as the country's most populous state faces challenges with power losses and insufficient transmission infrastructure.

The state government has invited private companies to either form partnerships with or fully privatise the state-owned Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam, as indicated in the tender issued on January 12.

Many state power distribution companies across India are experiencing financial losses due to outdated power transmission systems and frequent power failures. As a result, the government is seeking to involve private players in the sector.

Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam are each responsible for power distribution in 21 districts of Uttar Pradesh.

In response to the increasing investment demand in the power sector and the need to upgrade the transmission infrastructure to accommodate more renewable energy, the country's power minister urged states last year to identify and list their profit-making power utilities on the stock exchange.

Delhi, the capital of India, and the eastern state of Odisha already have public-private partnerships for power distribution.

Tata Power, a prominent private company in the Indian power distribution sector, operates in Odisha, Delhi, and Mumbai.

Uttar Pradesh is considering the privatisation of two of its four power distribution companies, according to a state government tender. This move comes as the country's most populous state faces challenges with power losses and insufficient transmission infrastructure. The state government has invited private companies to either form partnerships with or fully privatise the state-owned Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam, as indicated in the tender issued on January 12. Many state power distribution companies across India are experiencing financial losses due to outdated power transmission systems and frequent power failures. As a result, the government is seeking to involve private players in the sector. Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam are each responsible for power distribution in 21 districts of Uttar Pradesh. In response to the increasing investment demand in the power sector and the need to upgrade the transmission infrastructure to accommodate more renewable energy, the country's power minister urged states last year to identify and list their profit-making power utilities on the stock exchange. Delhi, the capital of India, and the eastern state of Odisha already have public-private partnerships for power distribution. Tata Power, a prominent private company in the Indian power distribution sector, operates in Odisha, Delhi, and Mumbai.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code