Power distribution companies to be privatised in UTs: FM Sitharaman

Video Credit: ANI
Published on May 16, 2020 - Duration: 01:49s

Power distribution companies to be privatised in UTs: FM Sitharaman

Union Finance Minister, Nirmala Sitharaman announced privatisation of power distribution companies in Union Territories of India.

"Sub-optimal performance of power distribution and supply, power departments/utilities in Union Territories will be privatized," said FM Nirmala Sitharaman.

Finance Minister announced the Centre's move while briefing media on fourth tranche of economic package announced by Prime Minister Narendra Modi in the view of coronavirus.

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