Meghalaya: Best interests should be considered - UDP President on MeECL franchising

The UDP leader said that the funding agency - Rural Electrification Corporation (REC), is looking for a 100 per cent guarantee or budgetary proposal, which the government has to include every year. 
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SHILLONG: 

Meghalaya Assembly Speaker and United Democratic Party (UDP) president, Metbah Lyngdoh on Saturday said that the government should consider best interests while working towards reforms for Meghalaya Energy Corporation Limited (MeECL), including the proposed plan on Power Distribution Franchisees (DF).

“I am sure the government is working out to find a solution on how the reforms in MeECL are taking place,” he said.

"In the process, there are different options and different ways which (can) come along the way before we make decisions. Whatever decision that the government takes, it has to keep in mind the interest of the corporation, employees, the government and the state as a whole," Lyngdoh said. 

The UDP leader said that the funding agency - Rural Electrification Corporation (REC), is looking for a 100 per cent guarantee or budgetary proposal, which the government has to include every year. 

Lyngdoh also added that the government could have considered other alternatives over the loan for reforms in MeECL.

A meeting will be held again next week, where Chief Minister Conrad K Sangma and the Cabinet will spend the next four to five days looking at all options for reforms in the MeECL.

(Edited by Ibankyntiew Mawrie)

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