Home / Mumbai / Mumbai News / Article / Maharashtra Monsoon Session: MSEDCL to become first state-owned power discom listed on stock exchange

Maharashtra Monsoon Session: MSEDCL to become first state-owned power discom listed on stock exchange

Chief Minister Devendra Fadnavis announced that MSEDCL will become the first state-owned power distribution company to be listed on the stock exchange. He said the move is aimed at improving efficiency while retaining government and public ownership

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Representational image. File pic

Representational image. File pic

MSEDCL is set to become the first state-owned power distribution company to be listed on the stock exchange, with the Maharashtra government saying the move will improve efficiency without giving up public and government ownership. 

Bhiwandi power issue raised in the assembly

During the Question Hour at the ongoing Monsoon Session at the Maharashtra State Assembly, Samajwadi Party MLA Rais Shaikh demanded incentives for Bhiwandi for reducing power distribution losses from 45 per cent to 10 per cent. He also urged the government to allow multiple power distribution companies to operate in the region instead of having a single company supply electricity. 

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