4 months ago
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The Centre is considering the enactment of a peculiar committee to oversee the tender process for ember blocks of the Singareni Collieries Company Limited (SCCL), successful airy of caller allegations, arsenic the substance concerns the company’s aboriginal and the livelihood of thousands of families babelike connected it, said Union Coal and Mines Minister G. Kishan Reddy.
“There is an urgent request to curb amerciable activities successful SCCL. This is not simply a governmental contented involving ministers, parties oregon governments. The Coal Secretary volition constitute to the Chief Secretary of Telangana for a elaborate treatment connected the tender processes. A tripartite statement is besides necessary. The Centre is acceptable to instrumentality connected the work of moving Singareni profitably if the State Government hands it over,” helium said astatine a property league successful New Delhi connected Wednesday.
The Minister claimed that helium has been introducing systemic reforms, conducting regular reappraisal meetings, and raising captious questions successful his department. However, issues repeatedly brought up by the Centre’s representatives connected the SCCL committee were not being addressed, helium noted.
Although SCCL is simply a profit-making company, it became entangled successful fiscal difficulties aft the enactment of Telangana. He alleged that dues owed to SCCL by the State Government person risen from ₹32,000 crore to ₹47,000 crore, claiming that some the erstwhile BRS authorities and the existent Congress authorities person been ‘exploiting’ the firm.
With a 51% stake, the TG holds administrative control, portion the Centre, holding 49%, has nary nonstop authorization but is represented by 3 directors retired of 10 connected the board. Due to the State Government’s alleged failures, SCCL is present borrowing from banks conscionable to wage salaries, helium said.
Comparing ember prices, the Minister said that the aforesaid people of ember from Coal India costs ₹1,605 per tonne, astir two-and-a-half times cheaper than SCCL’s price. “But SCCL has nary enactment but to rise prices successful bid to survive,” helium stated.
Mr. Reddy added that TGGENCO, which buys ember from SCCL, is besides a authorities entity, resulting successful continuous terms increases adjacent though SCCL’s ember prime averages 58%, compared to 86% astatine Coal India. As a result, SCCL is compromising connected prime and pricing, with customers gradually distancing themselves.
The Minister further alleged that during the BRS regime, the “writ of KCR’s household prevailed” successful awarding contracts, and claimed that the contiguous Congress authorities is pursuing the aforesaid pattern. Making the tract sojourn clause compulsory successful tenders has opened doors for irregularities, adjacent though akin tender processes successful galore Central PSUs are implemented successful a transparent manner, helium said and .demanded to cognize erstwhile TG intends to wide SCCL’s dues.
