<span style="color: #222222;">Union Cabinet has approved the Privatization of Electricity Distribution and Retail Supply Business in the Union Territory of Dadra &amp; Nagar Haveli and Daman &amp; Diu. The privatization process will fulfill the desired outcomes of better services to over 1.45 lakh consumers of the UT, operational improvements and functional efficiencies in distribution and provide a model for emulation by other utilities across the country. This will further lead to an increase in competition and strengthen the electricity industry and will also lead to recovery of unrealized dues. A single distribution company &nbsp;DNH-DD Power Distribution Corporation Limited would be incorporated as a wholly-owned Government Company and Trust will &nbsp;be formed to manage the terminal benefits of the personnel transferred to the newly formed company.<br />''<br />''In May 2020, Government of India had announced 'AtmaNirbhar Bharat Abhiyan', to make India self-reliant through structural reforms. One of the key measures planned was to reform the power distribution and retail supply in UTs through privatization of the power distribution utilities, for leveraging private sector efficiency in electricity distribution.</span><br />
News On AIR | November 25, 2021 10:31 AM
Union Cabinet approves Privatization of Electricity Distribution and Retail Supply Business in Dadra & Nagar Haveli, Daman & Diu