Friday, December 01, 2017

State govt gave private power companies huge profits at public cost: Congress

Times of India: Ahmedabad: Friday, December 01, 2017.
Congress communications in-charge Randeep Surjewala on Thursday alleged that between 2002 and 2016, the Gujarat government doled out large sums from the public exchequer to ensure huge profits to four private companies from power purchase from the private companies Adani, Essar, Tata and China Power.
Surjewala claimed that the Gujarat government was buying power at a price of Rs 24.67 per unit from private power companies, while at the same time it was buying electricity from state-owned NTPC at rates between Rs 2.88 to Rs 3.17 per unit. He claimed that at the same time the BJP government ensured that state-owned power plants do not perform and run at at 33% to 38% of their capacities to ensure purchases are made from private companies.
"At this rate, the BJP-led Gujarat government bought electricity worth Rs 62,549 cr from four private companies, the highest amount of private power purchased in India." In three years, between 2013 and 2016, Surjewala claimed that the BJP-led government had bought power worth Rs 26,195 cr.
"Gujarat government's own power companies only produce a cumulative of 3,283 MWwhile installed capacity is 8,641MW. It is clear that neither the public exchequer nor citizens are benefiting, only private players are. In fact these companies should be supplying power at cost benefit," said Surjewala.
"From information obtained under the RTI Act and submissions made in the state assembly, we have calculated that the Gujarat government has purchased power worth Rs 10,896 cr from Adani, Rs 4,842 cr from Essar, Rs 8,491 cr worth of power from Tata and Rs 1,966 cr worth of power from China Light Power in this three-year period," said Surjewala.