Jagan Mohan Reddy orders probe into 'corrupt deals' signed with solar, wind power producers during Chandrababu Naidu’s tenure

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Wednesday alleged 'massive corruption' in Power Purchase Agreements (PPAs) signed by the previous TDP government

Asian News International June 26, 2019 19:21:40 IST
Jagan Mohan Reddy orders probe into 'corrupt deals' signed with solar, wind power producers during Chandrababu Naidu’s tenure
  • YS Jagan Mohan Reddy on Wednesday alleged 'massive corruption' in Power Purchase Agreements (PPAs) signed by the previous TDP government

  • Jagan set a committee to renegotiate with solar and wind power producing companies and ordered cancelling the PPAs if they are not fruitful

  • On Monday, Reddy had ordered the demolition of 'Praja Vedika' building, which was constructed by the previous TDP government

Amravati: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Wednesday alleged 'massive corruption' in Power Purchase Agreements (PPAs) signed by the previous TDP government.

Jagan Mohan Reddy orders probe into corrupt deals signed with solar wind power producers during Chandrababu Naidus tenure

File image of YSR Congress leader Jagan Mohan Reddy. Reuters

During the review of deals undertaken by the power and fuel departments, the Chief Minister said it was found that former Chandrababu Naidu government had made excess payments to the tune of Rs 2,636 crore to the producers of solar and wind power, which caused huge losses to the state. Jagan has ordered a probe into the alleged corrupt deals.

The Chief Minister also enquired from the concerned department authorities about the purchases made at prices which were exorbitantly more than the cheaper bidding prices.

Jagan set a committee to renegotiate with solar and wind power producing companies and ordered cancelling the PPAs if they are not fruitful. He said he will take legal action on ministers involved in the deal and asked the authorities to do PPAs in a transparent manner.

On Monday, Reddy had ordered the demolition of 'Praja Vedika' building, which was constructed by the previous TDP government in the state, claiming that the hall was constructed illegally and violated many acts. The process to demolish the public grievance hall had begun on Tuesday evening.

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