Current Affairs · Economy and Infrastructure
Consider the following statements regarding the privatization of power distribution companies (discoms) in Uttar Pradesh: 1. Uttar Pradesh has invited bids for transactions advisors on a Public Private Partnership (PPP) model for two discoms. 2. The two discoms in focus include Purvanchal Vidyut Vitran Nigam Ltd. and Paschimanchal Vidyut Vitran Nigam Ltd. 3. The state government's rationale for the decision is to reduce losses, provide better services, and enhance efficiency. Which of the statements given above are correct?
- 11, 2, and 3
- 2Only 2 and 3
- 3Only 1 and 3✓
- 4Only 1 and 2
Correct answer
Only 1 and 3
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