Friday, March 13, 2009

TNEB in major loss

TNEB (tamil nadu electricity board) reported to have made 6000 crore loss. It had 120crore odd profit in 2003 and turned to a bad shape over last 6-7 years.

Power cuts left industries clueless and left a bitter taste in people's mouth.

Additional power procurement by TNEB from all over India created such a huge hole in its packet. But they are sounding helpless and no turn around plan in sight so far.

Units in tamil nadu known for its efficient management. But no more !

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