Live
- Top 5 Supercars to Rent in Dubai for Adrenaline Seekers
- Nagesh Trophy: Telangana, Gujarat dominate action on Day 4 with easy wins
- Get Ready for Dreame Technology’s Year-End Amazon Sale – Big Savings on Smart Home Products
- FIR registered as 4 voter forgery cases come to light in Delhi's Okhla constituency
- Ayodhya Ram temple to host majestic anniversary celebrations on Jan 11 with devotional, cultural programmes
- National Policy Framework on Agricultural Marketing draft silent on MSP: Punjab
- Thyrocare Sets Benchmark as The First National Diagnostic Chain with 100% of its Labs with NABL Accreditation
- Hisense India Partners with Reliance resQto Elevate After-Sales Service Nationwide
- RG Kar tragedy: CFSL reports suggest further probe to find whether rape & murder committed by only one or others involved
- PM Modi takes stock of 8 big infra projects worth Rs 1 lakh crore
YSRCP govt signed PPAs with SECI only: Kakani
YSRCP district president Kakani Govardhan Reddy addressing a press conference in Nellore on Monday
Former Minister Kakani Govardhan Reddy defended the YSRCP government’s power purchase agreements, asserting that their government did transactions transparently with Solar Energy Corporation of India (SECI) only
Nellore: Former Minister Kakani Govardhan Reddy defended the YSRCP government’s power purchase agreements, asserting that their government did transactions transparently with Solar Energy Corporation of India (SECI) only, but not with Adani Group. He accused the TDP-led NDA government of wrongly magnifying the previous government’s power deals.
Addressing a press conference here on Monday, Kakani has pointed out that the previous YSRCP government made transactions only with SECI to purchase power at Rs 2.49 paise per unit during its tenure, but the TDP government during its rule between 2014-19 purchased power at the rate of Rs 5.10 from other companies.
Kakani has asserted that there was no selfish motive in purchasing power at Rs 2.49 per unit, but only to provide 9-hour free supply for agriculture operations. He recalled that on September 15, 2021, SECI wrote a letter over power supply and the same was discussed in the cabinet and was approved only after expert committee gone through over the issue. But the decision was not unilaterally taken by former CM Jagan Mohan Reddy, he stressed.
The former minister has pointed out that there were 11 Power Purchasing Agreements (PPAs) before 2014, but the number increased to 35 during the regime of N Chandrababu Naidu between 2014-2016. Power was purchased at the highest tariff Rs 6 per unit, he added.
