Chennai: Around 27,000 workers of the Neyveli Lignite Corporation or NLC plant in Tamil Nadu will launch an indefinite strike from July 3 asking the Centre to revoke its decision to sell its five percent stake in the corporation.
The NLC generates nearly 2400 MW of power out of which Tamil Nadu alone receives 1140 MW. Any disruption in power generation due to the strike could affect the already power starved state in a big way. The plant also supplies electricity to Andhra Pradesh, Karnataka, Kerala and Union Territory of Puducherry.
Recently, Prime Minister Manmohan Singh had written to Tamil Nadu Chief Minister J Jayalalithaa explaining that the five percent disinvestment was meant to meet public shareholding norms for a Navaratna company.
DMK chief Karunanidhi too has asked the Centre to revoke its decision to sell five percent of its stakes in the NLC. The Centre, he added, should consider the objection expressed by Chief Minister Ms Jayalalithaa who had also suggested exempting NLC by bringing about suitable amendments or delisting NLC by buying back the 6.44 percent in public hands.
As part of its corporate social responsibility, the plant presently supports community activities in around 25 villages nearby. Local people are also worried that this could stop once this public sector organisation turns into a private company.
The NLC generates nearly 2400 MW of power out of which Tamil Nadu alone receives 1140 MW. Any disruption in power generation due to the strike could affect the already power starved state in a big way. The plant also supplies electricity to Andhra Pradesh, Karnataka, Kerala and Union Territory of Puducherry.
Recently, Prime Minister Manmohan Singh had written to Tamil Nadu Chief Minister J Jayalalithaa explaining that the five percent disinvestment was meant to meet public shareholding norms for a Navaratna company.
DMK chief Karunanidhi too has asked the Centre to revoke its decision to sell five percent of its stakes in the NLC. The Centre, he added, should consider the objection expressed by Chief Minister Ms Jayalalithaa who had also suggested exempting NLC by bringing about suitable amendments or delisting NLC by buying back the 6.44 percent in public hands.
Advertisement
As part of its corporate social responsibility, the plant presently supports community activities in around 25 villages nearby. Local people are also worried that this could stop once this public sector organisation turns into a private company.
Advertisement
COMMENTS
Advertisement
4-Year-Old Boy, Bitten By Stray Dog, Dies Of Rabies In Tamil Nadu: Report Virat Kohli, MS Dhoni, Rohit Sharma Unite For Noble Cause, Donate For Charity Auction Upset Over Performance In Football Game, Tamil Nadu Teacher Slaps, Kicks Students Video: Woman Tries To Jump Off Mumbai's Atal Setu, Saved By Driver, Cops Parents Gave Names Of Interns, Doctors To CBI In Kolkata Horror: Sources Private Jets, Luxury Cars: Lavish Life Of "Ketamine Queen" Jasveen Sangha Sunita Williams Stuck In Space: What 6 Months Can Do To Perception Of Time AIIMS Raipur Recruitment 2024: Applications Begin For 82 Positions Joe Biden Exit To Kamala Harris Endorsement: Wildest Month Ahead Of US Polls Track Latest News Live on NDTV.com and get news updates from India and around the world.