Saturday, July 12, 2008

"Name change reflects new business", says REL

Remember I had said that when there is a change in name, the objectives of the company also change? Read here, what the company themselves have to say about their name change.

Go on, MERC, keep saying that a name change makes no difference.. now how are you going to figure out how much of the tariff collected is going towards Mumbai electricity business...

I'm DAMN sure WE suburban residents are paying for ALL their other business ...

Here's an interesting point of view .. if their costs of electricity purchase goes up -- they don't HAVE to raise the tariff, they will just report a slightly lower profit in their quarterly results .. so
WHY the hell doesn't MERC understand this ????

If anyone has the gaul .. please haul these guys up...!!

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