Lucknow, Nov. 8 -- Amid the Centre's move to finalise a Rs.1 trillion ( Rs.1 lakh crore) national bailout package for debt-ridden state power distribution companies, chief secretary SP Goyal on Friday led a team of energy department and UP Power Corporation Ltd (UPPCL) officials to a key meeting in Delhi with the prime minister's advisor Tarun Kapoor.

Simultaneously, energy department officials indicated the pace of privatisation in Uttar Pradesh could pick up after the Bihar assembly elections, with the state government likely to formally announce concrete steps for the Agra and Varanasi discoms, a process initiated in November last year but facing strong employee resistance.

At the Delhi meeting, according to a senior official, the Gr...