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Time of India
5 days ago
- Business
- Time of India
Will intensify fight against power sector privatisation: AIPEF
Patiala: The All India Power Engineers Federation (AIPEF) plans to intensify its efforts to resist the privatisation of the power sector amid mounting pressure from both central and state governments. Established in 1973 by eminent power engineers including Harbans Singh, R S Verma, Bhopal Singh, Shrikant Mane, Chidambaram, R S S Chauhan, J C Marathe, Padamjit Singh, and Shailendra Dubey, the AIPEF, in a press release, said its mission is to improve the power supply situation in the country and safeguard the interests of the power engineers' fraternity. In Uttar Pradesh, it said, the state govt is attempting to privatisise two discoms, while Maharashtra is pushing for privatisation through parallel licensing. These privatisation initiatives include tariff-based competitive bidding (TBCB), monetisation of transmission assets, and the formation of joint ventures, it said. AIPEF criticised these moves, asserting that both central and state govts are determined to privatisise the power sector regardless of the profitability of state discoms. The federation contends, the release said, that the government views electricity as a business rather than a service to consumers, and argues that privatisation has not improved the sector's efficiency or affordability. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Best SIP Plans for NRIs in Belarus – Get ₹2L Monthly Pension | Invest ₹18K PB Learn More Undo The federation attributed the current crisis to a non-professional bureaucratic approach by central and state govts towards the power sector. Over the years, the Centre has progressively encroached upon state authority, frequently amending the Electricity Law through Electricity (Amendment) Rules, it said, addign that AIPEF remains committed to overcoming the present crisis in the power sector. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !
Time of India
5 days ago
- Business
- Time of India
All India Power Engineers Federation (AIPEF) leads fight against power sector privatisation
PATIALA: All India Power Engineers Federation (AIPEF), celebrating its 53rd foundation day, is intensifying efforts to combat the privatisation of the power sector amidst pressures from the central and state governments. Established in 1973 by distinguished power engineers such as Harbans Singh, R S Verma, Bhopal Singh, Shrikant Mane, Chidambaram, RSS Chauhan, J C Marathe, Padamjit Singh, and Shailendra Dubey, said AIPEF adding that it aims to enhance the power supply situation in the country and safeguard the interests of the power engineers' fraternity. In Uttar Pradesh , the state govt is attempting to privatise two Discoms, while Maharashtra is pushing for privatisation through parallel licensing. These privatisation initiatives include tariff-based competitive bidding (TBCB), monetisation of transmission assets, and the formation of joint ventures. AIPEF criticises these moves, asserting that both central and state govts are determined to privatisise the power sector regardless of the profitability of state Discoms. The federation contends that the government views electricity as a business rather than a service to consumers, and argues that privatisation has not improved the sector's efficiency or affordability. The federation attributes the current crisis to a non-professional bureaucratic approach by central and state govts towards the power sector. Over the years, the Centre has progressively encroached upon state authority, frequently amending the Electricity Law through Electricity (Amendment) Rules. AIPEF will continue to play a pivotal role in raising concerns about policies adopted by successive governments at both Centre and state levels. The federation anticipates an increasingly challenging role in the coming years to safeguard the integrity of the electricity industry and the interests of consumers. AIPEF remains committed to overcoming the present crisis in the power sector. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !
