Andhra Pradesh - Hyderabad   

YSR hails CRISIL rating for power utilities

BIG DAY: Transco CMD Rachel Chatterjee and others receiving the silver trophy for topping the CRISIL ratings from Union Power Minister Sushil Kumar Shinde in New Delhi on Tuesday.

HYDERABAD: Chief Minister Y.S. Rajasekhara Reddy on Tuesday hailed the CRISIL rating of State power utilities as `vindication' of his `path-breaking' initiative of providing free power to the agriculture sector as an input subsidy.

According to an official release, Union Power Minister Sushil Kumar Shinde telephoned Dr.Reddy in the morning and congratulated him for securing the top rating in spite of the Government implementing the free power scheme.

It said State's CRISIL rating as announced by Mr. Shinde was 55.8, the highest among ten States.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Raja sponsors tennis aces
HCA's club house plans go for a toss
Panchayat polls: few file nominations on opening day
Plan to acquire 400 acres for Yogi Vemana University in Kadapa
Naidu talks tough on petro price hike
Protest against petro price hike hits traffic
Urdu journalist passes away
The script goes wrong!
`Beauty school' to come up in city
MNJ centre to become centre of excellence
Board to regulate diagnostic labs
Bomb hoax holds up AP Express
HSBC plans expansion
Italian firm to invest in textile unit at Warangal
YSR hails CRISIL rating for power utilities
Man beaten to death
City exempted from poll code
CSR's centenary celebrations from July 11
Andhra Bank ties up with HMT
Film director dead
HMA awards to be presented on June 24
Startling disclosure by heist accused
Around the City
In Hyderabad Today

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu