GN Bureau | September 9, 2015
Power Trading Corporation of India, a PSU, has entered into an agreement with cash-strapped South Delhi Corporation to provide basic civic services in Bhikaji Cama Place in south Delhi.
The services will include sweeping and cleaning of roads, and maintenance of service lanes. PTC India will take charge of the 39,665-sq-m area from September 15.
"We look forward to more such agreements with government units to carry out civic works," said a civic official.
The government has accorded in-principle approval for strategic disinvestment of three units of Steel Authority of India Limited (SAIL), a Maharatna PSU, namely Visveswaraya Iron and Steel Plant (VISP), Bhadravati, Salem Steel Plant (SSP), Tamil Nadu and Alloy Steel Plant (ASP), Durgapur.
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