At a press conference in Dehradun on Friday, All India Power Engineers Federation (AIPEF) President Shailendra Dubey said the Centre is still following the same policy of privatizing the profits and nationalizing the losses in the power sector which is 'unacceptable'.

"The total power consumption in the country stands at 2.53 lakh MW whereas it is producing only 1.5 lakh MW of power... We are forced to purchase electricity at exorbitant rates as thermal power plants with a capacity of 20,000-30,000 MW are closed due to non-availability of coal,” he added.

"This despite the fact that there is no paucity of coal in the country which stands fifth in the world in storing the resource. All this is the result of the faulty policies of the UPA," he said.

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