World Bank, govt join hands to woo investment in Discos
The World Bank is currently working with the government to invite private sector participation in the distribution sector, starting with the best-performing power distribution companies (Discos). The success of this initial initiative could pave the way for the private sector participation in under-performing Discos. However, Discos’ poor financial health remains a significant barrier. An Asian Development Bank (ADB) report on the power distribution strengthening project says to attract private investment and ensure the success of private sector participation, addressing these underlying problems within the Discos will be critical.