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Power distribution companies to be privatised in UTs: FM Sitharaman

Video Credit: ANI - Duration: 01:49s - Published
Power distribution companies to be privatised in UTs: FM Sitharaman

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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Nirmala Sitharaman Nirmala Sitharaman Finance Minister of India

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Union territory Union territory A form of administrative division in India

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Narendra Modi Narendra Modi 14th and current Prime Minister of India

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