Power scam: House panel pins Shobha for causing Rs 1,046 cr loss

DHNS
November 22, 2017

Belagavi Nov 22: In what appears to be a tit-for-tat move, a Legislative Assembly committee headed by Energy Minister D K Shivakumar on Tuesday indicted BJP leader Shobha Karandlaje for causing a loss of Rs 1,046 crore by favouring a private firm when she was the energy minister in the BJP government.

The House committee set up to look into irregularities in power purchases between 2004 and 2014, has recommended "appropriate probe" into Shobha's actions when she was the energy minister in the government headed by B S Yeddyurappa. The committee tabled its report in the Assembly on Tuesday.

The report is seen in the political circles as a counter to the BJP, which had recently accused Shivakumar of being involved in a Rs 447-crore coal scam.

In 2009, the state government initiated the process of long-term (25 years) purchase of 2,000 mw from private companies. Five companies made bids, and this was placed before the Cabinet for final approval in May 2011. This included JSW Energy Limited, which quoted Rs 3.812 per unit for 25 years.

"The then energy minister Shobha Karandlaje opined that the per-unit cost that companies quoted was more compared with that of other states. Hence, the tender was cancelled. Subsequently, the government purchased power from JSW Energy at high rates and not Rs 3.812 per unit it had earlier quoted," the report states.

From 2011 to 2013, a total of 12,038.75 MU was purchased from JSW Energy costing Rs 1,046 crore. Power was purchased at Rs 4.41 to Rs 4.99 per unit during this period, the report observed.

The committee also flagged a land deal involving the same company. "When seen in the backdrop of power being purchased at a high cost, it is suspicious that JSW Energy purchased land by paying more than what it was valued at," the report said. However, it has not mentioned the details of the land deal.

The committee has also observed that JD(S) leader H D Kumaraswamy as the chief minister in October 2007 caused a loss of Rs 63 crore by approving an inflated contract for transportation of coal. Also, in 2007, the government purchased 40,195.31 mu power at a cost of Rs 7,882.92 crore. The very next year, the government purchased 41,821.26 MU for Rs 10,664.32 crore - an additional Rs 2,781 crore.

Interestingly, the committee has not recommended any probe into irregularities that have happened during Kumaraswamy's tenure as the chief minister. His elder brother H D Revanna was the energy minister then.

Also, between 2002 and 2008, the Raichur Thermal Power Station (RTPS) incurred a loss of Rs 1,590.31 because of coal washing contracts. From 2004 to 2014, the state government failed to utilise 3,844 MU supplied from central power plants costing Rs 899.50 crore. In the same period, the state lost 1,05,508 MU in transmission losses.

All put together, irregularities in power purchases have caused Rs 6,379 crore losses.

"The committee recommends the government to identify those responsible for causing losses to the exchequer and initiate action against them."

Comments

SHAJI
 - 
Thursday, 23 Nov 2017

This hate monger lady had earned crores of rupees illegaly while she was minister.  CBI should investigate her income + property + bank acconts both in india and switzerland.   She had done no favor to public, but to herself by increasing her wealth.   she should be arrested immediately.

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News Network
June 5,2020

Bengaluru, Jun 5: An earthquake of magnitude 4.0 on the Richter Scale jolted Karnataka on Friday morning while another with a magnitude of 4.7 was felt in Jharkhand.

The tremors were felt in Hampi (Karnataka) and Jamshedpur (Jharkhand), according to the National Center for Seismology (NCS).

According to NCS, the aftershocks were felt at 6:55 am in both the places today.

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News Network
June 4,2020

Jun 4: Belur Mutt, the global headquarters of Ramakrishna Mutt and Ramakrishna Mission, has decided to throw open its gates to the devotees from June 15 after putting in place all safety measures required to contain the spread of COVID-19.

The gates of the sprawling premises of the mutt set up by Swami Vivekananada at Belur near here was closed since the lockdown was announced in March by the Centre. The Mutt has devotees from across the globe.

The secretary of Belur Mutt Ramakrishna Mutt and Ramakrishna Mission, Swami Suvirananda said in a statement that as the easing down of lockdown measures announced by the Centre and the state did not indicate the threat caused by COVID-19 pandemic is over, the authorities thought it prudent to put in place all the measures required before opening the gates of the Mutt and all RKM centres in the country for the scores of devotees.

The statement was issued on June 1, the day religious places of worship were thrown open by the West Bengal government.

"We had to think about both aspects - the issue of public health and also the wish of our devotees for having a darshan of the shrines of Swami Vivekananda, Sri Sarada Maa and Ramamrishna Paramahansa. But we believe spirituality and sceintific temparament must go hand in hand," he told reporters on Thursday.

"Therefore it is imperative for us to consult experts and put in place adequate arrangement and infrastructure" before opening the (Belur Mutt) gates," he said.

The senior monk said the timing of the opening and closure of the shrine and all other details conforming the health protocol and guidelines will be announced before opening date.

The Mutt complex had become totally out of bound for visitors from March 24 when the lockdown was clamped. There was restricted entry to it since May 16.

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News Network
January 2,2020

Bengaluru, Jan 2: Former chief ministers of Karnataka Siddaramaiah and H D Kumaraswamy on Thursday launched a scathing attack on Prime Minister Narendra Modi as he embarked on a two-day visit to the state attend events in Tumakuru and Bengaluru. In a series of tweets, the Congress and the JD(S) leaders took a dig at Modi for his alleged failure on various fronts.

"You did not visit Karnataka when it was devastated by floods, you did not visit Karnataka when our farmers cried for help, but all of a sudden, when you want to launch your political propaganda, you remember the innocent people of Karnataka. Wah Modi Wah!!" Siddaramaiah tweeted.

In another tweet, the Congress leader claimed Karnataka is starved of Central government funds as there were no adequate flood relief, no GST revenue loss compensation and there was a delay in the transfer of grant-in-aid.

He further said, "Before attempting to fool our people, let the people of Karnataka know when they will get their due share!" He also sought to know from Modi why the 25 MPs from Karnataka have 'turned off' their engines.

"With 25 MPs from BJP and a state government with BJP, people hoped for a double engine. Instead, all BJP representatives have turned off their engines and have become sycophants to play a tune to your idiosyncrasies. Why, are they scared of you?" Siddaramaiah said.

Seeking an explanation on various incomplete projects, the Congress leader said, "Mr Narendra Modi, people are fed up of your lies and double-edged sword comments. We want your answer today about long-standing questions on: Kalasa Banduri Yojana, Belagavi border issue, exams in Kannada, Tulu & Kodava in 8th schedule, the list goes on." Kumaraswamy too minced no words as he went on the offensive against the Centre.

In his tweets quoting newspaper reports, he said Karnataka's coffer has dried up, financial position is in doldrums and the revenue has plummeted.

"What's the reason (behind poor economic situation)? The poor economic policies of the Centre. After swallowing the GDP and development of the country, the wrong policies have affected the state too," alleged Kumaraswamy.

Quoting reports, Kumaraswamy said the Centre has denied the state's share of revenue.

"About 5.44 per cent of state's share is yet to come from the Centre. This is step-motherly attitude of the Centre towards the state," Kumaraswamy tweeted.

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