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You are here: Home / bangalore / No room for privatisation of ESCOM’s as long as we are in power: DyCM DK Shivakumar

No room for privatisation of ESCOM’s as long as we are in power: DyCM DK Shivakumar

June 19, 2025 by Nasheman

No room for privatisation of ESCOM’s as long as we are in power: DyCM DK Shivakumar

Bengaluru: Karnataka Deputy Chief Minister D.K. Shivakumar on Wednesday assured that the electricity supply companies (ESCOMs) in the state will not be privatised as long as Chief Minister Siddaramaiah and he remain in power.

Karnataka has five electricity supply companies, namely, Mangalore Electricity Supply Company (MESCOM), Bangalore Electricity Supply Company Limited (BESCOM), Gulbarga Electricity Supply Company Limited (GESCOM), Chamundeshwari Electricity Supply Corporation Limited (CESCOM), and Hubli Electricity Supply Company Limited (HESCOM).

Shivakumar was speaking at the 60th Diamond Jubilee Celebrations of the Karnataka Power Transmission Corporation Limited (KPTCL) Employees’ Association and the launch of the Vajrajyoti commemorative issue held at Palace Grounds in Bengaluru on Wednesday.

“After I became the Energy Minister, the BJP government came to power at the Centre. ESCOMs in various cities across the country, including Mumbai and Delhi, were handed over to private companies. I was pressured to do the same in Bengaluru. But I told them that our employees, engineers, and board of directors are highly competent and can run the ESCOMs efficiently. As long as D.K. Shivakumar and CM Siddaramaiah are in power in the state, we will not allow the privatisation of ESCOMs,” he said.

“When I took charge of this department, the transmission loss stood at 19–20%. We have brought it down to 10%. This is a model for the country. Even today, other states report a loss of 17–18%. The Energy Department is growing stronger due to the efforts of all of you. Minister K.J. George has now taken over the department and is leading it in a transparent and excellent manner. We had taken many revolutionary decisions in the past,” he added.

“When I took charge of the Energy Department, Karnataka was generating 11,000 MW of electricity. By the time I left the department, the state was generating 23,000 MW. I also recruited 24,000 employees transparently, without accepting a single rupee in bribe. Earlier energy ministers used to take money for appointments. I am proud that I avoided that and provided jobs at your doorsteps,” he said.

“We made several decisions regarding wind power, solar power, and gas production in Bengaluru city. As a result, investors showed interest in our state. We are launching a new pumped storage power plant, which we plan to build in Savadatti and Varahi. We have also decided to generate 20–50 MW of electricity in each taluk to provide power to farmers during the daytime.

“When the Pavagada Solar Power Station was established, the price of agricultural land there was just ₹50,000 per acre. Instead of purchasing the land, we implemented the project by paying ₹18,000 per acre annually as rent to the farmers. Today, they are receiving ₹26,000–₹27,000 per acre per year. Even now, the farmers remain the landowners,” he explained.

“Your demands are being given due attention. OPS (Old Pension Scheme) is also part of our manifesto. Do not worry about it. In the past, when the issue of promotion arose, I resolved it on the very same day. Whenever the Congress government comes to power, it will work for your welfare. Remember, the salary of an IPS officer is the same as that of the KPTCL and ESCOM Chief Engineers. May your love and trust continue to be with us,” he stated.

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