Uttar Pradesh Considers Privatization of Power Distribution Companies
| Aspect | Details |
|---|---|
| Why in News | Uttar Pradesh plans to privatize two power distribution firms to improve efficiency and reduce losses. |
| State | Uttar Pradesh |
| Capital | Lucknow |
| Chief Minister | Yogi Adityanath |
| Governor | Anandiben Patel |
| Companies to Privatize | Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam |
| Objective | Improve service quality, efficiency, and reduce power distribution losses. |
| Tender Issued | January 12, 2025, to appoint consultants for privatization or public-private partnership (PPP). |
| Political Response | Opposition parties (e.g., Samajwadi Party) criticize the move, citing concerns over higher tariffs and job losses. |
| Comparative Context | Similar privatization efforts in Delhi and Odisha with public-private partnerships (PPP). |
| Key Concerns | Potential job losses, increased electricity costs, and corruption risks. |