Privatisation of electricity distribution in the UT of Dadra & Nagar Haveli and Daman & Diu.
Dear all,
Your association SIMA is forwarding herewith a News Article of Times of India regarding the privatisation of electricity distribution in Dadra & Nagar Haveli and Daman & Diu.
As per the article, the Union Cabinet on 24/11/2021 (Wednesday) approved the formation of a special purpose vehicle (SPV) to privatise electricity distribution business in the union territory of Dadra & Nagar Haveli and Daman & Diu.
The Union Cabinet, chaired by Prime Minister Narendra Modi, also approved the sale of equity shares of the newly formed company to the highest bidder and formation of trust(s) for serving employees' liabilities.
To view the full article, PLEASE CLICK HERE.
Thanking You,
With regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi
Secretary