No Plans To Privatize Singareni: Union Minister Kishan Reddy
Delhi/Hyderabadi, July 24 (Maxim News): The central government has confirmed that there are no plans to privatize Singareni.
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Union Minister Kishan Reddy clarified this during the question and answer session in the Lok Sabha, responding to a query from Peddapalli MP of the Congress.
Reddy stated that the Center has no intention of privatizing Singareni or any other coal mine in the country. He emphasized that any decision regarding the privatization of Singareni would primarily depend on the state government, which holds a 51 percent stake in the company. (Maxim News)
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