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Power ministry issues Standard Bidding Document for discoms' privatisation

The SBD will be the guiding document for the state governments which might want to offer their discoms to private companies

power, electricity, IIP, demand, discoms, distribution, companies, firms, transmission, transformer, workers
The Union power ministry has suggested several options that the states can choose from while offering the discoms for privatisation.

The Union ministry of power has drafted a ‘Standard Bidding Document’ (SBD) for the privatisation of the state-owned power distribution companies. This will be the guiding document for state governments that want to offer their discoms to private companies.  This is the first time the central government has drafted a guiding SBD for discoms’ privatisation. It is in line with the Centre’s efforts to improve the operations and finances of state discoms. Last year, the ministry of power had suggested several private franchisee models to states for the ...