Power Discoms ant loot by these companies
In Delhi every body knows, it is an open secret, that their energy meters are fast, every time they demand steep hike in power tariff.
In Delhi, company of this group looted heavily in The Airport metro project, construction was of poor quality, total expenditure i. e. project cost was more than double the original estimate, there was a time over run, metro service was of poor quality, for months together speed of Metro trains were hardly 20 km/ hour etc. Ultimately this company handed over this liability to Delhi Metro after taking huge amount from Delhi Metro. Now this has to be made good by Delhi Metro at the cost of public money.
Remember Dabri Super Thermal Power Project. Land was allotted by UP govt more than 10 years back at throwaway prices, poor farmers lost their livelihood but even first brick of Power Plant is not visible. Mr. Anil Ambani himself appeared in Supreme Court to get allotted Natural Gas for this project from KG Basin at very low prices. Its irony that no power plant was in existence and he demanded gas. What for - nobody knows, was selling in black market was the motive.
This group was able to get allotted Mumbai Metro - one section of it - in its favor and then baked out after a year or so.
The whole process is now delayed by more than 3 years. People of Mumbai will suffer.
It is right time for the present govt. headed by Shri Narinder Modi, to really analyse its policy of involving private corporate for growth through PPP model. Financial capability does not bring technical competence. Even financial capability can be manipulated. Mind set and culture of these corporate should also be taken in account.
Its time now to review all such policies. more