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PD says no fresh CCI approval needed for DISCO privatisation
Privatisation Division (PD) has maintained that fresh approval from the Council of Common Interests (CCI) is not required to privatise power distribution companies (DISCOs), citing earlier decisions of the constitutional body and the National Electricity Policy. In a response submitted to a Sub Committee of the Senate’s Functional Committee on Devolution, the division said the CCI had approved the privatisation of three power generation companies and nine distribution companies in 2011. “CCI also granted approval dated 21 June 2021 of the National Electricity Policy (para 5.9.4) which provides...
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