News Karnataka
Wednesday, December 06 2023

Karnataka to reject center’s proposal of privatisation of ESCOMS

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escom M 4102020Bengaluru: The Karnataka government has decided to reject the center’s proposal to privatise the ESCOMS.

The central government earlier had directed the Karnataka government to float the tenders for the privatisation.

However, now the state government has rejected the advise. According to sources, CM BS Yediyurappa himself is against the privatisation proposal.

“We are communicating our decision in this regard to the central government on Monday,” said Mahendra Jain, additional chief secretary, department of energy.

The Electricity Supply Companies, also known as ESCOMs, are responsible for electric power distribution in state of Karnataka. It was originally called the Karnataka Electricity Board. There are five ESCOMs in Karnataka. They are-BESCOM (Bangalore Electricity Supply Company Limited), MESCOM (Mangalore Electricity Supply Company Limited), HESCOM (Hubli Electricity Supply Company Limited), GESCOM (Gulbarga Electricity Supply Company Limited) and CESC (Chamundeshwari Electricity Supply Corporation).

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