UP govt rolls back decision to privatise power distribution companies

The Uttar Pradesh government has decided to roll back its decision to privatise one of its five power distribution companies (discoms), following the protest by the employees of the power department and discoms.

The members of Power Officers' Association were holding protests in capital city Lucknow for the last two days leading to electricity supply issues in the town. 

In a memorandum signed with the association, the power department and energy minister Shrikant Sharma agreed on "not privatising any discom in the state".

Business Standard has reviewed the memorandum signed on Tuesday.

"The power minister assured that no decision regarding