privatization

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DISCOM Privatization: Lakshadweep Invites Bidders to Acquire its Distribution Licensee

The Electricity Department of the Union Territory (UT) of Lakshadweep has invited bids to acquire its distribution company (DISCOM) responsible for electricity...

January 4, 2022

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Harsh Shukla

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Grid

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Market & Policy
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Government Moves Ahead on Dadra & Nagar Haveli, Daman & Diu DISCOM Privatization

The Union Cabinet has approved the formation of a special purpose vehicle (SPV) to privatize the electricity distribution business in the Union Territory (UT) of Dadra...

November 24, 2021

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Staff

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Markets & Policy

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Other
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RP-Sanjiv Goenka Group Company Set to Acquire Chandigarh DISCOM

Eminent Electricity Distribution Limited, a wholly-owned subsidiary of Calcutta Electricity Supply Corporation (CESC), has placed the highest bid of ₹8.71 billion (~$117....

August 5, 2021

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Harsh Shukla

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Finance and M&A

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Other
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The Role of DISCOMs in India’s Transition to a Clean Energy Regime

Distribution companies (DISCOMs) should ideally be at the forefront of fulfilling the country’s clean energy commitments. However, DISCOMs have remained the...

April 7, 2021

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Staff

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Grid

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Market & Policy
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Torrent Power to Acquire 51% Stake in Dadra & Nagar Haveli, Daman and Diu DISCOMs

Torrent Power has emerged as the highest bidder for the acquisition of the power distribution company (DISCOM) in the union territory of Dadra & Nagar Haveli, Daman...

February 22, 2021

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Rakesh Ranjan

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Finance and M&A

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Other
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Supreme Court Lifts Stay Order on Chandigarh DISCOM Privatization

The Supreme Court of India issued orders placing a hold on a stay order given by the High Court of Punjab and Haryana, on the privatization of Chandigarh’s electricity...

January 20, 2021

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Nithin Thomas

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Market & Policy
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Another Electricity Distribution Company Seeks Bidders to Acquire Majority Stake

The union territory of Dadra and Nagar Haveli and Daman and Diu has invited bids to acquire a 51% stake in its distribution company (DISCOM), responsible for the...

December 8, 2020

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Rakesh Ranjan

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Finance and M&A

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Other
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High Court of Punjab and Haryana Issues Stay Order on Chandigarh DISCOM Privatization

The High Court of Punjab and Haryana has issued a stay order on the Central Government’s proposal to privatize Chandigarh’s electricity distribution company (DISCOMs)....

December 2, 2020

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Nithin Thomas

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Grid

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Market & Policy
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DISCOM Privatization: Chandigarh Invites Bidders to Acquire its Distribution Licensee

The Chandigarh Administration has issued a request for proposal (RfP) inviting bidders to acquire its distribution company (DISCOM). In the notice inviting bids, the...

November 11, 2020

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Nithin Thomas

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Grid

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Market & Policy
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Ministry of Power Readies Framework to Privatize Distribution Licensees

The Ministry of Power (MoP) has issued draft standard bidding documents to select bidders for acquiring a majority stake in distribution licensees for the distribution...

September 24, 2020

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Rakesh Ranjan

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Grid

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Market & Policy
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Puducherry Opposes Central Government’s Move to Privatize DISCOMs of Union Territories

The union territory of Puducherry has opposed the central government’s proposal to privatize all distribution companies (DISCOMs) in the union territories (UTs) across...

July 24, 2020

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Nithin Thomas

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Grid

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Market & Policy
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Bailing Out Power DISCOMs at Every Crisis is Not the Way to Fix Them

Distribution Companies (DISCOMs) have been a significant strain on the Indian power system. Their poor financial performance has been weighing down the entire sector...

May 27, 2020

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Nithin Thomas

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Mercom Research Focus

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Other
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DISCOMs in Union Territories to be Privatized, New Tariff Policy in the Making

In the fourth tranche of the economic stimulus package, Finance Minister Nirmala Sitharaman announced several significant power sector reforms. The latest announcement...

May 16, 2020

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Priya Sanjay

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Grid

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Market & Policy
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Privatizing DISCOMs the Way Out of their Financial Mess

The Indian power sector has been reeling under enormous financial pressure over the last few decades. Distribution companies (DISCOMs), a crucial part of the power...

January 27, 2020

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shaurya

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Mercom Research Focus

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Other
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Canadian Solar Withdraws Proposal to Go Private

Solar module manufacturer, Canadian Solar has announced that its chief executive officer Dr. Shawn Qu has withdrawn his bid to take the company private after a special...

November 8, 2018

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shaurya

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Markets & Policy

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Solar

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