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Telangana GENCO in financial crisis - Sakshi

Thu, May 28, 2015, 08:41 AM
The Telangana GENCO has taken up the projects worth Rs 42,000 crores to solve the power woes of the state but it is ironic to know that it is not having funds even to buy coal. This issue is exposed by Singareni mines and it has written letters many times to settle the Rs 1800 crores debt but GENCO did not respond. Hence, Singareni wrote directly to finance department and this has shocked the Government and it clarified that it could not interfere in this issue . . . .
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