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TMI BlogJagan misleading public on power sector, says Andhra energy ministerX X X X Extracts X X X X X X X X Extracts X X X X ..... Jagan misleading public on power sector, says Andhra energy minister X X X X Extracts X X X X X X X X Extracts X X X X ..... RCP chief YS Jagan Mohan Reddy of "spreading falsehoods" about the state's power sector under the TDP-led NDA government. The energy minister complained that Reddy propagates "false information" abou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the power deals inked with Axis and Brookfield companies. "Claims of purchasing power at Rs 2.49 per unit under the YSRCP government is a lie, as transmission losses and other expenses raise the ef ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fective cost to over Rs 5 per unit," the minister stated in a press release. The energy minister observed that Reddy is unnecessarily finding fault with the power deals. He claimed that Axis Energy’ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 400 Megawatt (MW) project in Rayalaseema would generate jobs and pay Rs 31,000 per acre annually to farmers for 1,700 acres. The minister said that the project reduces transmission loss and will co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntribute nine percent GST revenue to the state. He claimed short-term power purchases during erstwhile YSRCP rule cost Rs 10,000 crore in a year and led to 'nine tariff hikes in five years.' Kumar f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urther alleged that YSRCP government left behind Rs 1.29 lakh crore power debt and it misused funds. He also stated that the current TDP-led coalition government has not raised power tariff, and is f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ocused on stabilising the sector. PTI MS STH ADB X X X X Extracts X X X X X X X X Extracts X X X X
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