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
July 6,2020

Bengaluru, Jul 6: As COVID-19 cases continue to surge in Karnataka, more than 20 police stations were sealed in Bengaluru after many policemen tested positive for novel coronavirus.

"Since the last few weeks, the number of COVID-19 cases in the police department has increased as many of the policemen have tested positive, so that's the reason why the police have taken a decision to close police stations," Bengaluru Commissioner of police Bhaskar Rao said.

He added, "However, people can lodge their complaints and other issues can be solved in help desks launched outside premises of the police station. Most of the areas where positive cases found in the police station are been sealed down for the safety of the people and sanitised them."

However, some of the police stations would be functional from outside the premises.

Commercial Street, Cottonpete, Chickepete, KG Halli traffic police station are among the few stations closed due to scare of the coronavirus spread after some policemen tested positive in particular stations.

Rao further said that the traffic police, civil police along with home guards have been given safety gloves, face masks, and sanitizers along with face covers by the department of police.

According to the Union Health Ministry, 23,474 COVID-19 cases have been reported in the state, as of Monday.

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News Network
June 11,2020

Bengaluru, Jun 11: Chief Minister BS Yediyurappa on Thursday allowed the Opposition Congress party's newly elected state president DK Shivakumar to have a formal swearing-in function.

He told media, “I have spoken to Shivakumar and informed him to conduct the event after taking precautionary measures against the spread of the COVID-19 disease”.

The move came after the state government received flak from the main Opposition Congress leaders, for refusing to permit the newly elected State Congress president to have a formal swearing-in function take reigns from his predecessor Dinesh Gundu Rao.

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News Network
March 5,2020

Bengaluru, Mar 5: The Karnataka government has constituted a competent authority for I Monetary Advisory (IMA) cases under the KPIDFE (Karnataka Protection of Interest of Depositors in Financial Establishments) Act, 2004, which is required to call claims from erstwhile depositors of the IMA group of entities under the provisions of the Act, said Harsh Gupta, Special Officer and Competent Authority for IMA cases.

In order to ensure transparency and to avoid harassment to the claimants, an online application software has been developed for accepting claims from the depositors, Gupta stated.

"The claim application can be filed from any of Banglore-1, Karnataka-1 and Seva-Sindhu Kendras of the state government in person or through online. The required documents can be submitted using e-attestation along with claims or at a later date, but prior to the claim settlement. The details of authorities for e-attestation will be informed later," the official stated.

The claimants will have to provide Aadhaar authentication based identification or identification by the designated officer based on alternate documents; current mobile number and address among others.

The details of the draft claim filing process has been put for public feedback on website 'imaclaims.karnataka.gov.in'. The depositors can give their feedback on the website, WhatsApp number or email, Gupta stated.

Based on feedback received from the depositors, the claim process and the claim application software will be finalised, the official said and further informed that the start date for acceptance of claims will be informed through wide publicity at a later date.

"There will be a total time period of 30 days for submission of the claims from the start date of acceptance of claims," Gupta said.

An SIT was investigating the multi-crore IMA Jewels case, where the firm had allegedly cheated a large number of investors after promising them impressive returns on their deposits. The SIT has already arrested several government officials and questioned others including politicians in the matter.

The prime accused and Managing Director of IMA Mohammed Mansoor Khan, who had fled the country after several complaints were registered against him in connection with the scam, has also been arrested.

The state government had constituted an SIT to probe the scam when it first came to light in June earlier this year when more than 4,000 investors trooped outside the showroom after an audio clip purportedly recorded by Khan went viral.

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