POWER

Standard bidding document for discoms not to reform power sector but to privatize:AIPEF

The All India Power Engineers Federation (AIPEF) on Friday said the draft standard bidding document for discoms circulated by the power ministry is not to reform the sector but to privatise it across the country.

In September, the Ministry of Power came out with a draft Standard Bidding Document (SBD) for privatisation of distribution licensees. The deadline to receive public comments on it has been extended till October 12 from October 5.

Earlier in the day, the ministry tweeted that it “has extended the last date for seeking comments on the draft Standard Bidding Documents for privatization of Distribution licensees up to 12th October, 2020.”

The SBD provides guidelines for states who want to offer their electricity distribution utilities to private players to improve operational efficiency and finances.

“The intention of the Ministry of Power in rushing through SBD is not to reform the power sector but to thrust privatization of the power sector across the country,” AIPEF spokesperson V K Gupta said in a statement.

Source
financial express
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