Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation about privatisation of electricity in the Union territory, and said his vision is to strengthen and reform the power sector.
“We are not talking about privatisation. If we reduce our losses, improve billing efficiency and enhance revenue generation, there will be no need for it. My vision is to strengthen and reform the power sector in J-K,” Abdullah said.
The CM addressed the gathering at the 58th Engineers’ Day at SKICC here on late Monday evening.
The event was held to honour the legacy of Bharat Ratna Sir M Visvesvaraya for his pioneering contribution to engineering in India.
The chief minister said electricity generation and efficient distribution hold the key to economic prosperity in J-K.
Emphasising the critical role of the power sector, Abdullah underscored the need for J-K to reduce its power losses and then focus on harnessing its vast hydropower potential to strengthen its economy.
“This is the o
Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation about privatisation of electricity in the Union territory, and said his vision is to strengthen and reform the power sector.
“We are not talking about privatisation. If we reduce our losses, improve billing efficiency and enhance revenue generation, there will be no need for it. My vision is to strengthen and reform the power sector in J-K,” Abdullah said.
The CM addressed the gathering at the 58th Engineers’ Day at SKICC here on late Monday evening.
The event was held to honour the legacy of Bharat Ratna Sir M Visvesvaraya for his pioneering contribution to engineering in India.
The chief minister said electricity generation and efficient distribution hold the key to economic prosperity in J-K.
Emphasising the critical role of the power sector, Abdullah underscored the need for J-K to reduce its power losses and then focus on harnessing its vast hydropower potential to strengthen its economy.
“This is the o
Latest News [ SOBAN NEWS: International and National ]