Insta
‘Acted According To Rules’: Former Andhra CM Naidu Slams Jaganmohan’s Claim Of Irregularities In PPAs
Swarajya Staff
Jul 18, 2019, 09:49 AM | Updated 09:49 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Former Andhra Pradesh Chief Minister (CM) N Chandrababu Naidu on Wednesday (17 July) slammed the current CM Jaganmohan Reddy over the decision to renegotiate the power purchase agreements (PPAs) for solar and wind projects signed during the tenure of Naidu's government, reports Asian News International (ANI).
Denying the allegations of favouritism while signing the contracts, Naidu said, "We had acted in accordance with the central government guidelines. There were no irregularities but Jagan's government misinterpreted the facts to blame TDP."
The comments from the former CM came after the new government decided to renegotiate the PPAs in certain deals, citing anomalies. Over the issue of wrongly signed price contracts, Naidu asserted that it was because of his government's efforts that the tariffs on solar and wind power had come down. Ever since coming to power CM Reddy had been pushing for a review of the PPAs.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.