Reconsider proposed joint venture in power sector – religious bodies, stakeholders of Ladakh 

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Reconsider proposed joint venture in power sector – religious bodies, stakeholders of Ladakh

Kanwar Inder Singh/ royalpatiala.in News/ April 29,2026

Religious bodies and stakeholders  in a joint  letter to Lieutenant Governor Ladakh  have urged him to reconsider and hold the proposed joint venture in the power sector between LDPP and REC Power Distribution Company Ltd (RECPDCL)  in its present form.

A  meeting of religious bodies and key stakeholders of Ladakh was  held under the chairmanship of Shailendra Dubey, Chairman, All India Power Engineers Federation(AIPEF) , regarding the proposed Joint Venture between RECPDCL and Ladakh Power Development Department on 28th April evening.The meeting was attended by  LBA,  Ladakh Gompa association. Anjuman-Imamia,Moin-Ul-Islam, Christian Association, Taxi co-operative union,Merchant  Association, Ladakh Travel Trade,and Hotel and giest house Association.

All  these prominent religious organizations and public stakeholders of Ladakh participated in the meeting and jointly expressed serious concerns over the proposed move towards privatization of the power sector. The letter mentions that electricity in Ladakh is a basic necessity, especially in extreme winter conditions, and cannot be treated as a profit-driven commercial service. The proposed JV may lead to tariff hikes, adversely impacting common consumers, small businesses, and essential services.  Public assets created over years through government investment should remain under public control. Ladakh’s unique geographical and socio-economic conditions require a tailored, people-centric approach rather than a standard commercial model.Further employees’ pending HR issues must be resolved before any structural changes.

Reconsider proposed joint venture in power sector - religious bodies, stakeholders

It may be mentioned that all participating organizations strongly supported the initiative taken by AIPEF and appreciated its proactive role in uniting stakeholders on this critical issue. They urged Lt. Governor to reconsider/hold the proposed JV in its present form, ensure wide and transparent consultation with all stakeholders, explore alternative public-sector models to improve efficiency without privatization and safeguard consumer interests and employee rights