Tata Sons chairman N Chandrasekaran bats for privatisation of discoms


Tata Sons chairman N Chandrasekaran bats for privatisation of discoms

Tata Sons chairman N Chandrasekaran on Sunday pitched for privatisation of power distribution companies, and also for ensuring that every generation plant is operational to help the power sector.

Without prescribing any solutions, he said stress in the telecom sector also needs to be addressed, and added that real estate is another sector that requires attention. “System is bleeding. All the deadlocks have to be cleared,” he said at the Mumbai Lit Fest here, where the book “Bridgital Nation”, co-authored by him, was launched.

“You take the power sector. My recommendation would be that how do we ensure that each of these power plants in this country, no matter whose, how do you get it re- operationalised? How do you arrest the loss of discoms? We should privatise them,” he said.

His comments come a day after a media report said that half of the thermal power plants in the country the largest source of power are shutting down. Read more

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