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The Hindu
The Hindu
National
Special Correspondent

TRS conspiring to loot SCCL to the tune of ₹50,000 crore: TPCC chief

Telangana Congress president Revanth Reddy has alleged that the State Government was conspiring to ‘loot’ the Singareni Collieries Company Limited (SCCL) to the tune of ₹50,000 crore, by privatising the Naini coal mine located in Odisha and demanded Prime Minister Narendra Modi to order a CBI inquiry into the issue.

Speaking to the media in New Delhi along with party MP Komatireddy Venkata Reddy on Tuesday, he also alleged that Mr. Modi was silent on the issue even after several complaints sent to him. He claimed that the Telangana Government was planning to allot mining rights of Naini mine to close relatives of Chief Minister K. Chandrasekhar Rao after ensuring its allotment to industrialist Adani.

He said that Congress had lodged several written complaints with Mr. Modi, Union Coal Minister Prahlad Joshi and the Central Vigilance Commission but there was no response from the leaders and the authorities concerned. He also said that the authorities concerned should follow joint venture and consortium rules while allotting the coal mines to private companies to increase competition among various bidders, thereby ensuring income to the government.

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