Haryana to appoint power distributor through open bidding

In a major reform initiative, Haryana Chief Minister Bhupinder Singh Hooda gave the go ahead to engage distribution franchisees (for power) for Gurgaon and Panipat through an open bidding process. This will bring efficiency to the private sector management without loosing ownership of the assets. Hooda was presiding over a meeting of senior officials to discuss the strategy and action plan for loss reduction, theft control and distribution reforms in the power sector in the state. In his presentation, Financial Commissioner (Power) Madhusudan Prasad pointed out that the distribution franchisee would not only help in controlling losses for these areas, but also vastly improve consumer satisfaction. There will be no retrenchment of employees.