Hyderabad: Telangana PSU privatisation concerns prompted BRS senior leader and former minister T Harish Rao to urge Rahul Gandhi to intervene immediately. He sought protection for key public-sector institutions, including TG-Transco, TG-Genco, Singareni Collieries Company Limited (SCCL) and the Discoms.
In a letter to the Leader of Opposition in the Lok Sabha, Harish Rao alleged that Chief Minister A Revanth Reddy was moving towards diluting state ownership in strategic public assets. He questioned whether the reported policy matched the Congress party’s economic commitments.
Harish Rao cited the Congress manifesto of 2019. According to him, the document restricted disinvestment to non-core and non-strategic public-sector enterprises.
He also referred to the 2023 Raipur Economic Resolution. Harish Rao said the resolution opposed disinvestment that could create private monopolies or duopolies.
“A CWC resolution cannot be binding in Delhi and optional in Hyderabad”, Harish Rao said. He questioned the Congress national leadership’s silence over the reported proposals.
The BRS leader argued that TG-Transco could not be treated as an ordinary commercial enterprise. He described it as a critical public utility and the backbone of Telangana’s electricity transmission network.
He pointed to TG-Transco’s infrastructure, including 400-kV, 220-kV and 132-kV substations. The network also includes more than 31,420 circuit kilometres of EHT lines and 1,184 power transformers.
Harish Rao questioned the reported proposal to initially dilute 26 per cent equity in TG-Transco. He said the proposal raised wider concerns about private ownership and influence over strategic public infrastructure.
Telangana PSU privatisation raises questions over other institutions
Harish Rao expressed concern that a move involving TG-Transco could later extend to TG-Genco, SCCL and the Discoms. He said the issue therefore went beyond a single public-sector institution.
Congress leaders had repeatedly criticised the Union government over monetisation and privatisation of public assets, Harish Rao said. They had also raised concerns about dilution of strategic public-sector institutions.
Against this backdrop, he asked Rahul Gandhi to clarify whether the reported Telangana measures matched the Congress’s national economic policy. He said the national leadership should explain its position if the proposals were consistent with party policy.
If the measures did not match that policy, Harish Rao said the Congress national leadership had a responsibility to intervene. He sought a clear position from Rahul Gandhi.
In his letter, Harish Rao urged an immediate halt to the proposed TG-Transco privatisation and 26 per cent equity dilution. He also asked the Congress leadership to prevent IPOs, equity dilution or privatisation involving TG-Genco, SCCL and the Discoms.
His demand also covered other strategic core-sector public institutions. He asked the Telangana government to clarify whether the reported proposals were consistent with the Congress manifesto of 2019 and the 2023 Raipur Economic Resolution.
Harish Rao further sought assurances that no irreversible decision would affect ownership or control of strategic public assets. He said the Telangana PSU privatisation issue was no longer merely a state policy matter.
The BRS leader urged the Congress national leadership to make its position clear. He sought Rahul Gandhi’s “clear and categorical intervention” to halt the proposed TG-Transco privatisation and prevent further dilution of Telangana’s strategic public-sector institutions.
Writing to the Leader of the Opposition, Shri @RahulGandhi ji, seeking his urgent intervention.
You oppose the privatisation of LIC and the power sector in Delhi. On what principle is your own Congress Govt in Telangana moving to privatise strategic assets like TG-TRANSCO,… pic.twitter.com/vuirKW2aEe
— Harish Rao Thanneeru (@BRSHarish) October 2, 2026