Pvt firms favoured for power projects: Capt
Wednesday, 31/08/2016
http://www.tribuneindia.com/news/punjab/community/pvt-firms-favoured-for-power-projects-capt/287998.html
Chandigarh : Punjab Congress president Capt Amarinder Singh said today that Deputy Chief Minister Sukhbir Badal had handed over power projects to private companies on a platter, resulting in a loss of hundreds of crores of rupees to the exchequer.
Amarinder said the Congress, on being voted to power, would review these projects to make up for the losses and ensure that the state’s interests were protected.
“What was the logic in making a commitment to private companies for buying power?” he asked, adding that “the state, which is already reeling under a financial crisis, has to make payments to the companies without consuming their power.” He said exorbitant bills were being slapped on ordinary power consumers so as to facilitate payments to the companies.
Capt alleged that contrary to a recommendation of the Central Electricity Regulatory Commission that the power projects should be allotted to private companies through competitive bidding, Sukhbir allotted these through the MoU (memorandum of understanding) route, which was heavily in favour of the firms.
