2 hrs ago
Harish Rao Urges Rahul Gandhi to Stop Power Sector Privatisation
T Harish Rao wrote to Rahul Gandhi about plans he says could reduce government ownership of Telangana’s power companies.
He asked Gandhi to stop a proposed share sale and public offering involving TG-TRANSCO.
He also asked that similar plans for other public companies, including TG-GENCO and Singareni, be withdrawn.
Rao says these organisations are important and were built using public money.
He argues that Congress should follow the same economic policy in Telangana as it supports nationally.
He wants the state government to explain how the plans fit Congress policy documents.
He also asked that no permanent decision affecting public control be made.
BRS Legislature Party Deputy Leader T Harish Rao wrote an open letter to Rahul Gandhi urging intervention over possible power-sector privatisation in Telangana.
He called on Gandhi to stop a proposed 26 per cent equity dilution and IPO of TG-TRANSCO.
The letter also urged withdrawal of IPO, equity dilution or privatisation proposals involving TG-GENCO, Singareni Collieries Company Limited, DISCOMs and other strategic public institutions.
Harish Rao described TG-TRANSCO as a key public utility, citing its substations, transmission lines and transformers as assets built with public money.
He asked the Telangana government to explain how the proposals align with the Congress Manifesto, 2019 and the Raipur Economic Resolution, 2023, and to avoid irreversible decisions affecting public ownership or control.
- Who
- T Harish Rao, BRS Legislature Party Deputy Leader, urged Rahul Gandhi to intervene.
- What
- Rao called for halting a proposed 26 per cent equity dilution and IPO of TG-TRANSCO and opposing possible privatisation measures involving other public-sector entities.
- Where
- Telangana, with the letter addressed to Rahul Gandhi.
- When
- Friday; no date is specified.
- Why
- Rao said the power companies are strategic public institutions built with public money and questioned whether the proposals align with Congress policy.
Harish Rao's objections
Government's position
Proposed ownership changes
Harish Rao's objections
Rao urged Rahul Gandhi to stop TG-TRANSCO's proposed 26 per cent equity dilution and IPO, and to oppose similar measures for other strategic public institutions.
Government's position
The articles do not provide a response or explanation from the Telangana government.
Consistency with Congress policy
Harish Rao's objections
Rao argued Congress should follow the same policy in Telangana that it advocates nationally and asked how the proposals align with its manifesto and Raipur resolution.
Government's position
The articles do not state the government's or Congress leadership's position on this criticism.
Key facts
- Letter author
- T Harish Rao, BRS Legislature Party Deputy Leader
- Recipient
- Rahul Gandhi, Leader of the Opposition in the Lok Sabha
- Proposed TG-TRANSCO dilution
- 26 per cent equity dilution and an IPO, according to Rao
- Other entities named
- TG-GENCO, Singareni Collieries Company Limited and DISCOMs
- TG-TRANSCO substations
- 29 400-kV, 107 220-kV and 337 132-kV substations
- TG-TRANSCO transmission assets
- More than 31,420 circuit kilometres of EHT lines and 1,184 power transformers
- Transformer capacity
- 43,848 MVA
- Congress documents cited
- Congress Manifesto, 2019 and Raipur Economic Resolution, 2023
Quotes
T Harish Rao
BRSLP Deputy Leader who wrote an open letter to Rahul Gandhi
“These assets were built over several decades with public money and the efforts of successive governments. What is the need to dilute the government’s ownership in such a strategic public utility?”
thehansindia.com
“Congress should follow the same policy in Telangana that it speaks about at the national level. A policy cannot be one thing in Delhi and another in Hyderabad.”
thehansindia.com
Sources
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