Par panel to review performance of insurance PSUs, solar companies

01 Sep 2024

A parliamentary panel responsible for examining the accounts of central public sector undertakings (PSUs) is set to review the performance of insurance sector PSUs and solar power corporations. The Committee on Public Undertakings (CoPU) is also scheduled to assess the performance of the National Scheduled Castes Finance and Development Corporation (NSFDC).

The panel, led by BJP's Baijayant Panda, will additionally evaluate the performance of Sagarmala Development Company (SDCL).

Given the government's emphasis on renewable energy as a growth driver, the parliamentary committee has decided to conduct a comprehensive review of the Solar Energy Corporation of India (SECI), as indicated in its selected list of subjects.

The committee periodically chooses PSUs or topics for examination based on its judgment. The concerned ministry or undertaking is then requested to provide the necessary information on those subjects for the committee members.