Chandigarh issues tender for complete privatisation of discom

The Electricity wing of engineering department of Union Territory of Chandigarh has issued a tender inviting bids for privatisation.

 As per the RfP, bids from interested entities meeting the qualification requirements, have been invited to participate in the competitive process for selection of bidder for purchase of 100 per cent shares in discoms responsible for distribution and retail supply of electricity and having distribution licence in the UT of Chandigarh. Interested bidders would have to submit a Rs 1 million bank guarantee as bid security amount. The last date for purchase of RfP is December 23, 2020 and of bid submission is December 30, 2020.