Power engineers are opposing conversion of public monopoly to private monopoly, he said, adding that the policy of privatisation was slowly destroying the public sector across the country while giving huge benefits to selected corporates.
Privatisation and targeted benefits to chosen corporates is the root cause of the ongoing farmers' agitation, he pointed out.
The AIPEF expressed solidarity to struggling organisations of peasants whose one of the main demands is withdrawal of the Electricity (Amendment) Bill 2020.
The AIPEF demanded "withdrawal process of privatization of electricity from public the sector to private companies in states and union territories".
The other demands are scraping of electricity (Amendment) Bill, 2020 & standard bidding document for total privatization of distribution of electricity and reintegrate all power utilities in states with function components of generation, transmission, and distribution.
The Electricity (Amendment) Bill in its present form is not acceptable, it said, adding that before going for more amendments in the electricity sector, the government should constitute an expert committee to review the result of so-called reforms done in the last 25 years in the power sector, which has landed discoms in a very alarming financial crisis.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.