Supreme Court paves the way for privatisation of Power Dept
Tribune News Service Chandigarh, June 28 The Supreme Court today cleared the decks for the privatisation of the UT Electricity Department as it stayed the order of the Punjab and Haryana High Court wherein the privatisation process was put on hold. As of now, there is no stay on the privatisation of the Electricity Department, said a legal expert. The High Court had on May 28 stayed the process of privatisation of the department. The UT Administration had filed a petition in the Supreme Court against the order. On November 9, 2020, the UT Engineering Department had invited bids for the privatisation of the Electricity Department. On a petition filed by the UT Powermen Union, the High Court had, on December 1, 2020, stayed the tendering process regarding the privatisation of the Electricity Department of the UT Administration. The petitioner had contended that they were aggrieved by the decision to privatise the electricity wing by selling 100 per cent stake of the government in the absence of any provision under Section 131 of the Electricity Act, 2003.
Supreme Court paves the way for privatisation of Power Dept
Tribune News Service Chandigarh, June 28 The Supreme Court today cleared the decks for the privatisation of the UT Electricity Department as it stayed the order of the Punjab and Haryana High Court wherein the privatisation process was put on hold. As of now, there is no stay on the privatisation of the Electricity Department, said a legal expert. The High Court had on May 28 stayed the process of privatisation of the department. The UT Administration had filed a petition in the Supreme Court against the order. On November 9, 2020, the UT Engineering Department had invited bids for the privatisation of the Electricity Department. On a petition filed by the UT Powermen Union, the High Court had, on December 1, 2020, stayed the tendering process regarding the privatisation of the Electricity Department of the UT Administration. The petitioner had contended that they were aggrieved by the decision to privatise the electricity wing by selling 100 per cent stake of the government in the absence of any provision under Section 131 of the Electricity Act, 2003.