NTPC officers, worker unions likely to go on strike by mid December if Government reduces equity
“If the Modi Government reduces the equity in the NTPC below 51 per cent, then the company officers association along with workers unions will go on a strike by mid December affecting 40,000 MW of power production per day,” said Chairman of NTPC Executive Federation of India (NEFI), VK Sharma.
NEFI is the officers association in the power sector behemoth.
According to the numbers shared on the Central Electricity Authority website, India’s total installed capacity in October is 3.63 lakh MW. This means that if the strike observed for a day it will impact over 10 per cent power production in the country.
Sharma in an interaction with BusinessLine said that first a token strike would observed and if the Modi Government persist with its equity dilution plans then the strike would be indefinite.
