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`Reliance bickering will affect privatisation'

LUCKNOW, NOV. 29. Participants at the Uttar Pradesh Power Engineers Association's annual conference here today said that the ongoing bickering in Reliance group between the Ambani brothers would certainly put a spanner in the privatisation process of the power sector in the State.

The speakers claimed that the Dadri power project in U.P. was the reason tigger for the fallout between Mukesh and Anil Ambani and warned Chief Minister Mulayam Singh Yadav to take a lesson from the episode.

All India Power Engineers Federation Secretary General Shailendra Dubey said the engineers would not allow the government to privatise the sector including handing over Anpara-C and the five distribution companies to private groups.

``The CM should know that privationsation would not benefit the consumer, while on the other hand, some politicians and bureaucrats are making all efforts to hand over the sector to these groups at a throwaway price,'' he claimed.

K Ashok Rao, Convenor, Delhi Bijli Sangharsh Morcha warned the state government that it should realise privationation would not be a solution to all the woes of the people.

He also claimed that the Reliance Group's proposed Dadri power project would not commence before 2010 as there was still no plan how to transport the gas from the Bay of Bengal.

``The recent bickering in the Reliance family would further delay the project and it might even be shelved for the time being as 90 per cent funds for the project was to be obtained from financial institutions,'' he added.

UNI

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