Security agencies are uncomfortable with the Centre’s plan to sell BPCL to private entities as the company controls the Assam-based Numaligarh refinery, which is located in a sensitive and restive area.
A senior security official said that after the stake sale, the private investors could get their own manpower on the company’s board and the ground in Assam, which is what is giving jitters to the agencies. The old sparks of violence should not again spread in the State. NRL controls a large share of petroleum products in the North-East and any kind of strike will impact the availability of these products in the region. The strike could also have a cascading effect on local politics, the official said.
The refinery located in upper Assam was commissioned in April 1999. It is a part of the Assam Accord, which was signed between the Centre and the leaders of the Assam Movement in August 1985 Read More
Latest posts by The Hindu Businessline (see all)
- Renewable energy ministry rules out removal of tariff caps - November 13, 2019
- United Nations appreciates India’s solar panel gift - November 12, 2019
- India, UK scientists working on a smog prediction model for Delhi - November 12, 2019