Chandigarh administration asks ED to submit progress report onprivatisation

The administration of the union territory of Chandigarh has requested the Electricity Department (ED) of Chandigarh to submit the progress report of the privatisation initiative.

Seven firms (Sterlite Power, ReNew Wind Energy, NTPCElectric Supply Company Limited, Adani Transmission Limited, Tata Power, Torrent Power and Eminent Electricity Power Company) had participated in the tender and the UT administrationhad invited technical bids of all seven firms and submitted the case to the technical bids evaluation committee. The administration is likely to complete the process by the end of this month.