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« Schwarzenegger calls for public-private tie-ups | Main | Arab funds vie for India investment »

December 26, 2007

Water council on the anvil to attract private players

Swathi Shivanand :

BANGALORE: To ensure better water supply in urban areas and to make the sector attractive for private players, the State Government is thinking of setting up a regulatory body on the lines of Karnataka Electricity Regulatory Commission.

The State Urban Water Supply and Sanitation Council, which is to be the regulator, has been conceptualised as an “independent body” that will take over all the functions of the Government with regard to the water and sanitation sector except the power to formulate policies

Restructuring tariff It is learnt that one of the important mandates of the council will be to “develop clarity on the kind of private participation that can be entered into”, apart from restructuring tariff rates, as recommended by the Urban Drinking Water and Sanitation Policy of 2002.

Full Story...

Posted by dcjaya at December 26, 2007 9:37 PM