Delhi Govt summons Anil Ambani; says power cuts must stop
Power Minister of Delhi Satyendar Jain has written a letter to the Reliance ADA Group’s chairman Anil Ambani terming the performance of BSES as “atrocious”. In the letter, Jain alleged corruption and financial irregularities including siphoning off funds by the company.
Arvind Kejriwal-led Delhi Government may cancel power distribution company BSES’s licence to supply power to the national capital.
Power Minister of Delhi Satyendar Jain has written a letter to the Reliance ADA Group’s chairman Anil Ambani terming the performance of BSES as “atrocious”.
In the letter, Jain alleged corruption and financial irregularities including siphoning off funds by the company.
Jain said, “Last few weeks have seen unprecedented power outages in the capital due to local faults despite availability of adequate power.”
Since 2002, the responsibility of handling power distribution of over two thirds of Delhi was granted to the BSES.
Despite repeated warnings to senior officials of the company, there has been no improvement, Jain alleged.
Stating the AAP government not a mute spectator, Jain added in the letter, “You might have had a cosy relationship with the previous governments in Delhi at the expense of public interest, kindly note that new government is fully committed to protecting the interests of public and their welfare. In order to bring transparency and efficiency, the new AAP government in Delhi will not hesitate in taking strong decisions.”
Jain has asked Anil Ambani to come to Delhi for a meeting by early next week with a concrete road map on how they plan to improve the situation.
BSES subsidiaries, BSES Yamuna Power Limited (BYPL) and BSES Rajdhani Power Limited (BRPL) together distributes 35 lakh customers spread in 33 districts.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Stocks to Buy for Long Term: 1 smallcap, 3 midcap, 4 largecap stocks analysts are betting on now; check out targets
Top Gold ETF vs Top ELSS Mutual Fund: Which of 2 has given higher return on Rs 15,000 monthly SIP investment for 3 years
Top 10 Large Cap Mutual Funds With Highest SIP Returns in 5 Years: Rs 12,500 monthly SIP in No. 1 fund has turned into Rs 19.11 lakh; what others have done
Top 7 Small Cap Mutual Funds With Highest SIP Returns in 15 Years: Rs 8,333 monthly SIP in No. 1 fund has jumped to Rs 1.10 crore
12:54 PM IST