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Privatise State-Owned Power Companies Now

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Comment: Deregulation way forward

Author:
Mr. Pink
Date:
2013-07-21 12:50:17
Comment to:
GOVT AND PRIVATE CAPITAL IS THE SOLUTION

I think the energy market needs to be deregulated to allow private companies to compete with the state owned company if they choose to remain in state hands. I can tell you that VRA and ECG will be bankrupt at some point as private companies are more efficient. We have seen TOR go out of business and the provision of refined products handled by privately owned BDCs who are more efficient than TOR. In the U.S. the govt doesnt get involved in business but serves as a regulator. Its time we adopted this approach.

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Mr. Pink on Jul 21, 2013 12:50