Himachal Pradesh State Electricity Board Limited (HPSEBL) owes a repayment of whopping Rs 4,370 crore to the Centre over the next 10 years.
“If the board is forced to make this payment, it will sink. It won’ be able to pay pension to its 28,000 pensioners and salaries to the existing staff. Even the services to the consumers will be hampered,” said HPSEBL Employee Union secretary HL Verma.
“The board has been writing to the state government to take over the liability, but the response has not been encouraging,” he said.
