Swamy alleges Ambani helped Pranab's bid

Janata Party president Subramanian Swamy has alleged that presidential candidate Pranab Mukherjee has bartered a huge windfall gain of over Rs 60,000 crores to Reliance Power to garner support for his bid from those Uttar Pradesh politicians known to be very close to industrialist Anil Ambani.

In a statement issued on Sunday, Swamy has alleged that Anil Ambani used his personal influence to grab millions of tons of coal and divert it for illegal profiteering. Reliance Power had won the Sasan UMPP Power Project based on Moher, Moher-Amlori Extension and Chatrasal captive coal blocks to meet fuel requirements of Sasan UMPP.

'The Empowered Group of Ministers in 2008 used its discretionary powers to permit Reliance Power to divert incremental coal from captive coal blocks to its Chitrangi Power Project. It was blatant misuse of powers which was pointed out by CAG as a scam of almost Rs 16000 crores. All relevant ministries had taken the stand for immediate withdrawal of earlier permission given to Reliance Power for use of surplus coal, and de-allocation of Chatrasal coal block,' the statement mentions.

'But Mukherjee as Chairman of EGoM allowed diversion of surplus coal to Reliance Power’s Chitrangi project for support in ensuing presidential election. Accordingly Mukherjee bulldozed all participants of EGoM meeting held on 28 April 2012, using his powers as chairman disregarding recommendations of relevant ministries,' Swamy alleges in his statement.

The Janata Party president goes onto allege that for this Pranab Mukherjee obtained a flimsy opinion from a senior law officer  on the subject of diversion of ‘incremental’ coal from captive coal blocks to Chitrangi power project. 'Further, Chitrangi power project tariff is Rs 2.45/Kwh where as Sasan power project tariff is Rs 1.19/Kwh. Reliance Power has not yet signed PPA with Government of Madhya Pradesh for supply of power from Chitrangi project leaving scope for profiteering at much higher tariff later.

The MP CM has written a letter to Government protesting against this,' the statement adds.
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