Tripura Minister's Appeal to PSUs

Published: 07th November 2015 04:27 AM  |   Last Updated: 07th November 2015 04:27 AM   |  A+A-

KOCHI:  “Profits made by public sector undertakings in the power sector, having infrastructure built using public money, need to be passed on to consumers through State-owned distribution companies,” urged Manik Dey, Electricity Minister of Tripura.

“But, the prevailing situation is the opposite. Shares of central public sector undertakings are often sold to private parties,” he alleged. The Minister was speaking at a protest meeting organised by the National Coordination Committee of Electricity Employees and Engineers, a broad-based platform of all the major federations of employees and engineers in the country’s power sector, here on Friday.

The protest is being organised against the Central Government’s move to pass the Electricity Amendment Bill - 2014.

The Bill primarily seeks to segregate the distribution network from the electricity supply business, and to introduce multiple supply licences in the market.

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