Industries Minister KT Rama Rao on Thursday expressed his anger against the central government’s announcement of auctioning coal mines in the area of Singareni Collieries Company Limited (SCCL).
Hyderabad, Dec 9: Industries Minister KT Rama Rao on Thursday expressed his anger against the central government’s announcement to auction coal mines in the Singareni Collieries Company Limited (SCCL) sector. He termed it as a conspiracy by the Center to push the company into losses and privatize it through the back door. Resolving to launch a mass movement till the auction is canceled by the Centre, the Minister called upon Members of Parliament cutting across party lines to raise the important issue in Parliament.
Prime Minister Narendra Modi had assured the people of the state that Singareni would not be privatised. However, the Center had announced in the Lok Sabha that four coal mines of SCCL would be auctioned, contrary to what the Prime Minister had said. In a statement issued here on Thursday, Rama Rao said that privatization of SCCL would adversely affect the state. He termed the central government’s action as vindictive and a conspiracy to hinder the development of the state. He said that SCCL is the top performing company in the southern states in generation of thermal power. He questioned the necessity behind the Centre’s auction of coal blocks though Singareni was making good profits and had the best Plant Load Factor (PLF) in the country.
He said that a large number of lignite mines were allotted to the Gujarat Mineral Development Corporation (GMDC) following the nomination method. “But why didn’t the Center allocate coal mines to Singareni like it allocated lignite mines to GMDC?” He asked. Rama Rao said despite repeated requests from the state government, coal workers and SCCL management for allocation of coal blocks, the Center did not consider them. He said that TRS will always support the employees in their fight against the conspiracy to privatize SCCL.
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Story first published: Friday, December 9, 2022, 17:15 [IST]