look news india
Amravati, 28 November (Hindustan Reporter). YSR Congress leader and former Andhra Pradesh Chief Minister YS Jaganmohan Reddy has given a sensational statement on the Adani case and his reaction on the issue. He spoke to the media at his office in Tadepalli in Amaravati, the capital of Andhra Pradesh. He told about the power purchase agreements made during his government.
He said that the government’s revenue has increased during his tenure. Jagan said Chandrababu was trying to usurp the government’s revenue and referring to the cases registered against Adani, his name was not there anywhere.
The former Chief Minister said that he had met Adani several times in the last five years. He revealed that agreements were also made on some projects here but no third party has participated in this agreement. Jagan Mohan Reddy warned that he would file a defamation case against those spreading lies against him.
Jaganmohan Reddy said that they were hatching a conspiracy to show that the power purchase agreements during the reign of his government were wrong. He clarified that the cheapest power purchase in the history of the state was made during our reign. The central government said that they will give special incentives. By reducing it from Rs 5.10 to Rs 2.49 per unit, we have 15 thousand 9 m. There is consumption of electricity.. Saving lakhs of crores from this is not wealth creation? When you get such a good offer from the Center to the State, what do you think of me if I keep it aside?
Jagan asked whether CM Chandrababu was deliberately committing injustice by spreading lies? YS Jagan said that never before had electricity been purchased at such a cheap price. During Chandrababu’s tenure, 133 PPAs were made between 2014-19. Wind energy was purchased at an average of Rs 4.80 per unit.
Jagan said he bought a unit of solar power for an average of Rs 5.90. Is Chandrababu who makes such agreements efficient and honest?
YS Jagan said that due to Chandrababu’s solar contracts, there will be an additional burden of Rs 2 thousand crores every year. There will be an additional burden of Rs 50 thousand crores in 25 years. Is this not cheating the citizens of the state?