Belagavi: Power purchase - House panel pins Shobha for causing Rs 1,046 crore loss


Belagavi Nov 22 (DHNS): In what appears to be a tit-for-tat move, a Legislative Assembly committee headed by Energy Minister D K Shivakumar on Tuesday indicted BJP leader Shobha Karandlaje for causing a loss of Rs 1,046 crore by favouring a private firm when she was the energy minister in the BJP government.

The House committee set up to look into irregularities in power purchases between 2004 and 2014, has recommended "appropriate probe" into Shobha's actions when she was the energy minister in the government headed by B S Yeddyurappa. The committee tabled its report in the Assembly on Tuesday.

The report is seen in the political circles as a counter to the BJP, which had recently accused Shivakumar of being involved in a Rs 447-crore coal scam.

In 2009, the state government initiated the process of long-term (25 years) purchase of 2,000 mw from private companies. Five companies made bids, and this was placed before the Cabinet for final approval in May 2011. This included JSW Energy Limited, which quoted Rs 3.812 per unit for 25 years.

"The then energy minister Shobha Karandlaje opined that the per-unit cost that companies quoted was more compared with that of other states. Hence, the tender was cancelled. Subsequently, the government purchased power from JSW Energy at high rates and not Rs 3.812 per unit it had earlier quoted," the report states.

From 2011 to 2013, a total of 12,038.75 MU was purchased from JSW Energy costing Rs 1,046 crore. Power was purchased at Rs 4.41 to Rs 4.99 per unit during this period, the report observed.

The committee also flagged a land deal involving the same company. "When seen in the backdrop of power being purchased at a high cost, it is suspicious that JSW Energy purchased land by paying more than what it was valued at," the report said. However, it has not mentioned the details of the land deal.

The committee has also observed that JD(S) leader H D Kumaraswamy as the chief minister in October 2007 caused a loss of Rs 63 crore by approving an inflated contract for transportation of coal. Also, in 2007, the government purchased 40,195.31 mu power at a cost of Rs 7,882.92 crore. The very next year, the government purchased 41,821.26 MU for Rs 10,664.32 crore - an additional Rs 2,781 crore.

Interestingly, the committee has not recommended any probe into irregularities that have happened during Kumaraswamy's tenure as the chief minister. His elder brother H D Revanna was the energy minister then.

Also, between 2002 and 2008, the Raichur Thermal Power Station (RTPS) incurred a loss of Rs 1,590.31 because of coal washing contracts. From 2004 to 2014, the state government failed to utilise 3,844 MU supplied from central power plants costing Rs 899.50 crore. In the same period, the state lost 1,05,508 MU in transmission losses.
All put together, irregularities in power purchases have caused Rs 6,379 crore losses.

"The committee recommends the government to identify those responsible for causing losses to the exchequer and initiate action against them."

  

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Comment on this article

  • Jd, Mangalore

    Thu, Nov 23 2017

    Another amma in the making?

    DisAgree Agree Reply Report Abuse

  • Langoolacharya., Belman/Wash DC.

    Wed, Nov 22 2017

    People,

    Now everyone knows the source of money of Shobhakka's Coffee estate in Coorg....all these politicians ( both CONgress and BJPeee) join politics just to make money and fool people...those who vote for these CHORS bear responsibility for their actions as well...

    ...JH...

    DisAgree Agree [12] Reply Report Abuse

  • Putturdamuthu, Bangalore

    Wed, Nov 22 2017

    In Karnataka , all 3 major parties have indulged in corruption which is the reason why we are in such a state. The BJP from 2008 to 2013 took the corruption to sky high levels which the Congress has continued since coming back to power.

    Nevertheless Ms Shobha has to answer to the questions raised by the house panel though in the end no one will be found guilty. God Save Karnataka.

    DisAgree Agree [18] Reply Report Abuse

  • CHIDANANDA, Bangalore

    Wed, Nov 22 2017

    we came to know why Ramanath Rai so confident...and Challenged ancestor Property..

    DisAgree [1] Agree [8] Reply Report Abuse

  • Ronald D, Udupi

    Wed, Nov 22 2017

    Jagadisha, Adige biddaroo meese mannagalilla!!! Government money belongs to all tax payers and citizens! Law makers and politicians has n right to swindle it! Their job is to make sure money is spent correctly! It applies to all ruling and opposition politicians! You supporting such corruption is amazing quality !!
    Shobha is known to feast on communal or any other problems to rake it up on their favor! This is a new type of problem for her! Soon she may swear on God saying she is innocent!

    DisAgree [2] Agree [9] Reply Report Abuse

  • Peter, KSA

    Wed, Nov 22 2017

    She will swear not on God, but on Yeddy

    DisAgree Agree [15] Reply Report Abuse

  • Anand, Mangalore

    Wed, Nov 22 2017

    This looted money she will use for next election.....

    DisAgree [1] Agree [33] Reply Report Abuse

  • Abu Mohammed, KSA / Mangalore

    Wed, Nov 22 2017

    who cares about loss to the Government, as long as her commission is intact.

    DisAgree Agree [32] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Wed, Nov 22 2017

    Shabakka & Team,

    Time to feel the taste (doze) of own medicine.
    Guddege gudda adda undu.
    Those who live in glass houses should not throw stones.

    DisAgree [2] Agree [37] Reply Report Abuse

  • Amith, USA

    Wed, Nov 22 2017

    BJP walon, ab samaj gaya DKS koun hai??? Sher ka moo mein haath dalne ke pehele hazaar baar sochna Chahiye!!!!! Ab Chaiwala bhi kuch nahin karr sakega !!!!!!

    DisAgree [4] Agree [47] Reply Report Abuse

  • Peter, KSA

    Wed, Nov 22 2017

    Amith Bhai, DKS koi doodh ka dhula hua nahin hai. Doesn't matter which party the looters belongs to. We should not support them. Being elected leaders, they should serve the people instead of looting the people. And this lady, by looking at her face one can say how corrupt and greedy she is. If corruption is proved, she should be behind bars for life.

    DisAgree Agree [12] Reply Report Abuse

  • Basil D'souza, Mangalore

    Wed, Nov 22 2017

    both yeddy and shobha in current shock????

    DisAgree [2] Agree [52] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Wed, Nov 22 2017

    First find out any new coffee estate is added.

    DisAgree [3] Agree [52] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Wed, Nov 22 2017

    Rocks,
    Why can't you discuss and take the openion of a Chartered account. They should be aware of all such provisions/regulations. Until then let your cash be safe wih you.
    Good luck

    DisAgree [2] Agree [20] Reply Report Abuse

  • Rocks, Mangalore

    Wed, Nov 22 2017

    Sure Flavia.... but i am working in abroad and i thought before that will ask with buddies in Daiji ...

    DisAgree [1] Agree [10] Reply Report Abuse

  • shan, dubai

    Wed, Nov 22 2017

    She is from lower middle class family and had normal education...... within 10 years of politics how much she worth , what is her assets,bank balance...... It is all legal money. Please check and if she earned in a legal way elect her or put in Jail like Shashikala.

    DisAgree [1] Agree [26] Reply Report Abuse

  • Vishal, Mangalore

    Wed, Nov 22 2017

    Just go to Mysore and see for yourself the vast area of property this lady is owning. I hear she has more property by way of coffee estates in other parts of the state too. No wonder she wants to win this time too. How is that the law against cheating is applicable only to common people like us? Are these politicians born to loot and get away with all this looting?

    DisAgree [1] Agree [29] Reply Report Abuse

  • Rocks, Mangalore

    Wed, Nov 22 2017

    ************Dear Daijies,******************

    Need you help please, i think the this is the best platform to ask my doubt.

    Well, I have taken home loan on 2015 with interest of 9.5 percent but when i contacted my bank manager yesterday , he informed me that after GST home loan is reduced to 8.45 percent. And he said in order to avail this i need to pay 10,000/- and after that interest will be 8.45.

    Here my question is do i need to pay the 10,000/- or bank is just making money ???

    Please your time is highly appreciated . .. Thank you

    DisAgree Agree [19] Reply Report Abuse

  • Amith, udupi

    Wed, Nov 22 2017

    if your interest rate was floating rate when you took the loan then no need to pay the bank for difference in interest rate ..but incase your interest rate was fixed rate then you might have to pay some charges ..

    DisAgree [2] Agree [15] Reply Report Abuse

  • Rocks, Mangalore

    Wed, Nov 22 2017

    Thank you very much Mr. Amit...

    Today i will confirm that whether my interest is fixed or not... then i will ahead according to that you have mentioned above.

    Thanks again

    DisAgree [1] Agree [11] Reply Report Abuse

  • Jembar Bappu, Bajpe

    Wed, Nov 22 2017

    Sure she got sumptuous kick backs from Power suppliers ...

    DisAgree [3] Agree [35] Reply Report Abuse

  • Af,,, Mangalore

    Wed, Nov 22 2017

    Shobhakas count down has begun...

    DisAgree [5] Agree [46] Reply Report Abuse

  • j.anata, Mangaluru / Bengaluru

    Wed, Nov 22 2017

    It took Four and a half years for DKShi to realize that Shobha had some scam underneath Power purchase.

    DisAgree [26] Agree [13] Reply Report Abuse

  • Peter, KSA

    Wed, Nov 22 2017

    Der aaye, dhrusth aaye. Every corrupt leader, irrespective of party should be treated as anti national and thrown in to the cage for life time. It should start from Vadra, Yeddy, Reddy, Chota Bheem Shah, Chikki Chorni, and now fit for nothing greedy lady.

    DisAgree Agree [2] Reply Report Abuse

  • ABDUL NARAYAN DSOUZA, MUMBAI+KARNATAKA+MANGALORE

    Wed, Nov 22 2017

    EK EK KARKE SABKI NIKLEGI..???BHALAI HE CHUP RAHO VARNA FOOTEGA HI...

    DisAgree [2] Agree [32] Reply Report Abuse

  • Vincy, BANGKOK

    Wed, Nov 22 2017

    The fact is that , as on date it is a crime to nail a BJP leader. They can do anything, They can bring gas cylinders to road and block all traffic when the UPA government cooking gas prices were shot up by one percent. Now it is 200% rise and all those women who come on protest are hiding in rat-hole.

    DisAgree [5] Agree [50] Reply Report Abuse

  • RUDOLPH, MANGALORE

    Wed, Nov 22 2017

    SHOBHA AND BJP SLOWLY SINKING.

    DisAgree [4] Agree [60] Reply Report Abuse

  • Shanthram Hegde, Koppa

    Wed, Nov 22 2017

    That's how she purchased that 300 acres coffee estate. From Rupees 300. Per month salary to 300 acres coffee estate. Mithroo yeh hamara BJP hey. Hum scam nahin karthey hey. Hum sirf loothey hey.

    DisAgree [3] Agree [61] Reply Report Abuse

  • Naeem, Mlore

    Wed, Nov 22 2017

    ನಮ್ಮ ಹಣದಿಂದ ಶೋಬಕ್ಕನ ಶೋಭೆ ಜೀವನ....
    I

    DisAgree [4] Agree [69] Reply Report Abuse

  • JAGDISH, mumbai

    Wed, Nov 22 2017

    Wah kya bat hai....Neevu hana estu kattiddira boss governmentge ? mukha nodi nimdu.

    DisAgree [20] Agree [6] Reply Report Abuse

  • Feku, Pilar

    Wed, Nov 22 2017

    Mukha nimagintha chenngi edeyalla.

    DisAgree [1] Agree [6] Reply Report Abuse

  • Dinesh, Dubai

    Wed, Nov 22 2017

    Namma hanadinda Dana kallanige 10 laksha.

    DisAgree [7] Agree [1] Reply Report Abuse

  • Rocks, Mangalore

    Wed, Nov 22 2017

    Because of Shobha and yeddy BJP is loosing charm in our state....

    DisAgree [3] Agree [60] Reply Report Abuse

  • Orton Cordeiro, Mangalore

    Wed, Nov 22 2017

    ಒಲಿದು ಬಂತು ಜೈಲು ಭಾಗ್ಯ
    ಪರಿವರ್ತನಾ ರ‍್ಯಾಲಿಗೆ ಗೈರು ಹಾಜರು

    DisAgree [1] Agree [60] Reply Report Abuse

  • David Pais, Mangalore

    Wed, Nov 22 2017

    2day press conference from shoba & yeddy rai & shivakumar grabbed land & iron ore 2 cover bjp scams.

    DisAgree [1] Agree [34] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, Nov 22 2017

    Auction her Estate & Fortuner ...

    DisAgree [2] Agree [64] Reply Report Abuse

  • Indian, Bangalore

    Wed, Nov 22 2017

    #ShobhaGate

    DisAgree Agree [42] Reply Report Abuse

  • JK, Udupi

    Wed, Nov 22 2017

    IT department yet to disclose how much DKS made damage to the treasury and he is talking about profit and loss for the government, big joke.

    DisAgree [42] Agree [8] Reply Report Abuse

  • Dinesh, Dubai

    Wed, Nov 22 2017

    IT department have some confusion in accounting DKSHI's wealth .....report kept on hold.
    Better to check how many acres of coffee estate was from SHOBAKKA's ancestral property. And how much from her hard earned income (Rs 300/ per month)

    DisAgree [1] Agree [15] Reply Report Abuse

  • Indian, Bangalore

    Wed, Nov 22 2017

    Shobhakka, why do you want to put BJP into shame?

    DisAgree [2] Agree [58] Reply Report Abuse

  • Rahul, Mangalore

    Wed, Nov 22 2017

    Dear.
    BJP still not investigated crores of rupees offered for horse riding by Gujarath Bjp Mps to Congi MPs during Rajya sabha polls.
    What a shame to the democracy they sent IT department behind shivkumar.
    Maybe you forgotten that one.

    DisAgree [5] Agree [29] Reply Report Abuse

  • David Pais, Mangalore

    Wed, Nov 22 2017

    shoba & yeddy enjoying in coorg estate.

    DisAgree [5] Agree [66] Reply Report Abuse

  • Sampath, India

    Wed, Nov 22 2017

    Peeping tom..

    DisAgree [9] Agree [28] Reply Report Abuse

  • David Pais, Mangalore

    Wed, Nov 22 2017

    do u know who snooped women.

    DisAgree [3] Agree [11] Reply Report Abuse

  • JAGDISH, mumbai

    Wed, Nov 22 2017

    CID PRADYUMN SPOTTED. KUCH TO GAD BAD HAI JOSSEY

    DisAgree [4] Agree [1] Report Abuse

  • David Pais, Mangalore

    Wed, Nov 22 2017

    remote controlled cbi 420

    DisAgree Agree [4] Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, Nov 22 2017

    Yeddyurappa can now try only Monkey Tricks ...

    DisAgree [1] Agree [14] Reply Report Abuse


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Title: Belagavi: Power purchase - House panel pins Shobha for causing Rs 1,046 crore loss



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