Power Minister RK Singh has on record reassured that the crisis in Joshimath has in no way been triggered or related to the NTPC project close by. Speaking exclusively to Moneycontrol at Davos, the minister cited the facts that there was no impact on the village near the NPTC project site in Uttarakhand, while the issues have been plaguing the region for many decades.
The problem was identified way back in the 70s when a top panel of experts reported that the settlement has come up in an unplanned manner, he added. Minister RK Singh also underscored that Centre's efforts have helped distribution companies reduce outstanding by almost Rs 30,000-35,000 crore. 'By FY23-24, I think they will wipe out the bulk of the outstanding;, he goes on to add.
Edited excerpts from the interaction: