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TELK disinvestment: Kerala Minister holds talks with Left leader.

Asia Africa Intelligence Wire

| August 12, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Line)

The Left favours entering into an agreement with ZTR of Ukraine, which accounts for nearly 30 per cent of the total supplies of transformers in the world.

Thiruvananthapuram, Aug. 11 - THE Opposition Left Democratic Front (LDF) has come down heavily on the State Government's move to disinvest part of the equity of the public sector Transformers and Electricals Kerala Ltd (TELK) in favour of Siemens India Ltd.

At a meeting between the Opposition leader, Mr V.S. Achuthananthan, and the Industries Minister, Mr P.K. Kunhalikutty, here on Wednesday, the former pointed out that there was no substance in the argument that Siemens was …

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