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PM Modi permits surplus power sale to Pakistan: Amarinder Singh
By Parshant Krar, ET Bureau | Updated: Apr 25, 2017, 05.21 PM IST
Amarinder Singh today said that Prime Minister Narendra Modi has given green signal to the state to sell surplus power to Pakistan. The chief minister had earlier sought Centre's sanction to supply power across border to curtail expenditure on fixed costs and costly power that state is obligated to buy as per Power Purchase Agreements.
The chief minister revealed about the positive response from the PM to a CII delegation headed by chairman & CEO, Renew Power Ventures Sumant Sinha, appointed as chairman CII North and managing director Vardhman Special Steels Sachit Jain, appointed as deputy chairman, CII North. Singh also revealed that the Prime Minister had indicated that Punjab should look for other trade options with Pakistan.
In the last week, the chief minister had sought permission to sell its surplus power to Pakistan or Nepal in the economic interest of the cash-crunched state. The state is left with 1000 MW surplus power after meeting its domestic demand, and consumers are forced to pay extra taxes to sustain fixed cost of power generating units.
*****
My intial reaction was "cheating hogayi".
But then Modi,his doves and Doval's have their own way of functioning.
@anant_s Im sure you understand how this works.
As far as my memory takes me back,in 2013,UPA has proposed something similar and it was supposed to be the mother of all confidence building measures. Later in 2015, Adnani had visited Pakistan along with Modi and discussed the sale of up to 4000 MW to Pakistan in phases.
For the members who aren't aware,14years back Pakistan was supposed to sell power to us(500MW I guess). But the tables have turned now.
What say Pakistanis?
@Horus @I.R.A @Arsalan
Ideally we should not be selling power to you, as many believe that India wants to strangle Pakistan. Lol
Want to see how Indians react to this news?
@Star Wars @cerberus @foxtrot1 @thesolar65 @RISING SUN @Robinhood Pandey
And everyone else.
By Parshant Krar, ET Bureau | Updated: Apr 25, 2017, 05.21 PM IST
Amarinder Singh today said that Prime Minister Narendra Modi has given green signal to the state to sell surplus power to Pakistan. The chief minister had earlier sought Centre's sanction to supply power across border to curtail expenditure on fixed costs and costly power that state is obligated to buy as per Power Purchase Agreements.
The chief minister revealed about the positive response from the PM to a CII delegation headed by chairman & CEO, Renew Power Ventures Sumant Sinha, appointed as chairman CII North and managing director Vardhman Special Steels Sachit Jain, appointed as deputy chairman, CII North. Singh also revealed that the Prime Minister had indicated that Punjab should look for other trade options with Pakistan.
In the last week, the chief minister had sought permission to sell its surplus power to Pakistan or Nepal in the economic interest of the cash-crunched state. The state is left with 1000 MW surplus power after meeting its domestic demand, and consumers are forced to pay extra taxes to sustain fixed cost of power generating units.
*****
My intial reaction was "cheating hogayi".
But then Modi,his doves and Doval's have their own way of functioning.
@anant_s Im sure you understand how this works.
As far as my memory takes me back,in 2013,UPA has proposed something similar and it was supposed to be the mother of all confidence building measures. Later in 2015, Adnani had visited Pakistan along with Modi and discussed the sale of up to 4000 MW to Pakistan in phases.
For the members who aren't aware,14years back Pakistan was supposed to sell power to us(500MW I guess). But the tables have turned now.
What say Pakistanis?
@Horus @I.R.A @Arsalan
Ideally we should not be selling power to you, as many believe that India wants to strangle Pakistan. Lol
Want to see how Indians react to this news?
@Star Wars @cerberus @foxtrot1 @thesolar65 @RISING SUN @Robinhood Pandey
And everyone else.
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