By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
Latest World News Update > Blog > National > Andhra: YSR Congress defends SECI deal, debunks Adani link allegations – World News Network
National

Andhra: YSR Congress defends SECI deal, debunks Adani link allegations – World News Network

worldnewsnetwork
Last updated: November 25, 2024 12:00 am
By worldnewsnetwork
Share
4 Min Read
SHARE

Nellore (Andhra Pradesh) [India], November 25 (ANI): Former minister Kakani Govardhan Reddy defended the YSR Congress party (YSRCP) government’s power purchase policies asserting that the previous YS Jagan Mohan Reddy government has dealt only with the Solar Energy Corporation of India Limited (SECI) on the power purchase and not with Adani Group as is being “falsely projected” by coalition government and its “friendly media”.
Speaking to media here on Monday, he claimed, the transaction was only with SECI and the power was purchased at just Rs 2.49 paise per unit by YS Jagan Mohan Reddy government while Chandrababu Naidu during his term has bought power at the rate of Rs 4.5 and even at a higher price.
“During 2014-19, the average price of power purchased was Rs 5.10 but we bought it for Rs 2.49 yet TDP and its friendly media have been levelling false allegations against YS Jagan Mohan Reddy,” he said.
The purchase agreement was made with SECI, a Central government unit, to benefit the farmers and to fulfil the promise of providing free power to them in the daytime for nine hours and improve their standard of living. The decision was not taken in a huff but due procedures were followed, he said.
“On September 15, 2021, SECI wrote a letter on supplying power, the letter was discussed in the cabinet and an expert committee had gone through it and then it was approved by the cabinet. It was not done in a hurry as being propagated by Chandrababu Naidu and his friendly media,” he said adding that TDP has purchased power at a much higher price running up to Rs 6.99 per unit.
The agreement with SECI was done to benefit the farmers and was in a transparent manner. While there were 11 PPAs before 2014, Chandrababu Naidu term had signed 35 PPAs and paid more than Rs 6 per unit in 2014 and 2016, he claimed.
The rate Rs 2.49 includes inter-state transmission costs while the charge that Gujarat is buying power at a cheaper price does not count as transmission loss is not included there, he said.
On Balineni’s remarks, he said, it was not fair on his part to speak in the way he did. “He served as a minister and knows how cabinet meetings are held and the pressure under which officials and members will be. The question of asking to sign files at midnight does not arise, as it is an e-file and if such issues are being told at the behest of others, it does not show well.”
YS Jagan Moan Reddy had many times obliged to cabinet minister’s pleas and put the issue on the table agenda and discussed it, he said.
“Telugu Desam Party (TDP) and other political parties and its media have been working as per an agenda to sling mud on YA Jagan Mohan Reddy for a long and have levelled baseless allegations and charges of corruption running into lakhs of rupees and come down drastically. Yet nothing was proved,” he said. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Share This Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Fast Four Quiz: Precision Medicine in Cancer

How much do you know about precision medicine in cancer? Test your knowledge with this quick quiz.
Get Started
APSEZ breaks records: Handles 420 MMT cargo globally, sets new milestones in March 2024 – World News Network

The company announced that it achieved its highest ever monthly cargo volumes,…

Stock market opens on a bullish note: Nifty-Sensex surge – World News Network

Simultaneously, the BSE Sensex followed suit, leaping by 317.27 points or 0.43…

IIHM Institute of Hospitality Skills (IIHS) opens largest training centre in Udaipur – World News Network

New Delhi [India], April 1: IIHM Institute of Hospitality Skills (IIHS), India's…

Your one-stop resource for medical news and education.

Your one-stop resource for medical news and education.
Sign Up for Free

You Might Also Like

MP: Chief of Naval Staff highlights role of youth for Viksit Bharat 2047 – World News Network

By worldnewsnetwork

Bihar: AIIMS student found dead in hostel room, police launch probe into mysterious death – World News Network

By worldnewsnetwork

Karnataka LoP urges CM Siddaramaiah to hand over Bengaluru stampede case to CBI – World News Network

By worldnewsnetwork

YSRCP MP Gurumoorthy flags denial of postings, salaries to 199 senior police officers in Andhra – World News Network

By worldnewsnetwork

Sports

Spain vs Argentina: Football powerhouses to clash in 2026 Finalissima – World News Network
Sports
Polyak Imre & Varga Janos Memorial 2025: India wrestlers Antim, Harshita strike gold with imposing wins – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Saiyaara box office collection day 1: Ahaan Panday, Aneet Padda starrer scores a huge Rs 21.25cr – World News Network
Entertainment
Miranda Lambert, Parker McCollum collaborate for Texas flood benefit concert – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Copyright © 2024 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?