The harsh portfolio!

Jayadev Galla is a MP from TDP.

There have been rumors that Amara Raja did not cooperate with PCB and the High Court told the company to cooperate with APPCB. It seems the electricity board had cut the power to the company and the company has gone to court and reestablished electricity. And then the company may have mentioned that they are moving to Tamil Nadu and later recanted its statement of moving. They have got a stay order on the PCB’s order.

There has been another instance of the same kind on Sangam diary, whose director is a senior ex MLA from TDP, to make way for Amul and this has created an uproar.

I don’t follow the company so I know nothing about the technology changes in batteries, but the chance of this political overhang remaining for extended period of time, at the least till the next election, cannot be put aside. I don’t know if these things are priced in or not.

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