RAMAGUNDAM: Prime Minister Narendra Modi on Saturday dismissed claims of “selfish political parties” that the Centre was planning to privatise Singareni Collieries Company Limited (SCCL)
He said the Centre could not privatise SCCL as the Telangana government held a 51 per cent stake in the coal mining major, while the Centre held a 49 per cent share.
Modi said that the Centre never discussed such a proposal and that rumours were being spread to provoke the public. He appealed to SCCL workers not to believe in such claims, and confine it to those trying to spread them from Hyderabad, in a dig at the TRS.
The Prime Minister was speaking after dedicating to the nation the Rs 6,300-crore Ramagundam Fertiliser Company Limited’s urea plant and Rs 1,000-crore Bhadrachalam Road-Sattupalli railway line. Modi also laid the foundation stone for three road projects worth Rs 2,200 crore — the Medak-Siddipet-Elkathurthy section of NH-765DG, Bodhan-Basar-Bhainsa section of…