Live
- Varun's appointment as AHUDA chief infused new vigour in JSP cadres
- Lokayukta, HRC will remain in Kurnool: Minister Bharath
- S Korea, US, Japan unveil secretariat establishment, slam N Korea-Russia on Ukraine war expansion
- Light to Moderate Rains Expected in Telangana and Andhra Pradesh
- Pilgrims throng Sabarimala temple on opening day of long festive season
- Jwala Thoranam held at Srisailam temple
- Birsa Munda Jayanti celebrated
- Another tigress released in soft enclosure in Similipal
- Coastal defence exercise on Nov 20-21
- Budget allocated for Perur reservoir rekindles farmers’ hope
TJAC demands cancellation of PPAs with AP
Telangana Joint Action Committee (TJAC) on Thursday demanded that the government cancel the power purchase agreement with the Andhra Pradesh government because the PPA would impose an additional burden of Rs 1,000 crore in the coming year.
Hyderabad: Telangana Joint Action Committee (TJAC) on Thursday demanded that the government cancel the power purchase agreement with the Andhra Pradesh government because the PPA would impose an additional burden of Rs 1,000 crore in the coming year.
The TJAC, at its Steering Committee meeting, passed a resolution demanding that the State government cancel the PPAs with Andhra Pradesh government. The JAC leader C Raghu said the PPA between Telangana State and Andhra Pradesh still remained in operation, but the AP government was not selling the hydel power which is available at a lower price to Telangana State.
On the other hand the costly power from thermal power stations was sold at a higher price. The PPA would lead to heavy burden of Rs 1,000 crore on the exchequer next year, said Raghu.
The JAC leader said the power situation in the country had improved during the last two years and many States had closed down their plants in the absence of customers. The situation in Telangana State too has improved as it is now having excess power, he added.
