R-Infra slams Tata Power for defying state govt decision

Reliance Infrastructure (R-Infra) has slammed Tata Power for continuing to sell 100 Mw outside Mumbai, defying the recent Maharashtra government decision, to make a profit of Rs 300 crore annually.

It also took a swipe at the state government for being lenient with Tata Power and not providing enough attention to the suburban Mumbai electricity consumers. R-Infra also alleged that Tata Power intended to sell another 200 Mw in open market which would fetch it Rs 500 crore a year.

Lalit Jalan, chief executive officer of R-Infra, claimed that Tata Power’s motive was profiteering at the cost of Mumbai consumers. “Tata Power’s move is crucial even when the government-appointed committee recommended that surplus power sharing be done among Mumbai distribution companies at average cost of power which comes to Rs 3.70 per unit.”