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'Jagan is damaging AP's goodwill through wrong decisions,' says Naidu

28-09-201928-09-2019 09:47:18 IST
2019-09-28T04:17:18.805Z28-09-2019 2019-09-28T04:17:13.794Z - - 10-04-2020

'Jagan is damaging AP's goodwill through wrong decisions,' says Naidu


Andhra Pradesh leader of opposition Chandrababu Naidu launched a fresh attack on Chief Minister Jaganmohan Reddy for damaging Andhra Pradesh's goodwill because of his decisions on reviewing power purchasing agreements made under TDP rule. 

"The Jagan government has taken wrong decisions on PPAs. APGENCO and AP TRANSCO (energy companies) achieved top positions in the country during the TDP regime. In my rule, DISCOMs were made debt-free, and the state became a power surplus state. TDP had brought revolutionary changes in the power sector," Naidu said at a press conference on Friday.

Earlier on September 24, Andhra Pradesh High Court had directed power generator companies opposing renegotiation of tariffs by the state to approach state electricity regulator.

"Andhra Pradesh High Court dismissed the argument of Power companies that the Government cannot review Power Purchase Agreements (PPA) and justified the government argument of going to the Andhra Pradesh Electricity Regulatory Commission (APERC) for review of the PPAs," said an official press release from Chief Minister office.

The former chief minister further alleged that solar and wind power rates had come down during his rule and using them had proved highly beneficial to the state govt.

"TDP government's efforts made the reduction of power tariffs possible, the central government gave us incentives too. Now YSRCP govt is making allegations on our tenure with false records," Naidu said.


Sharat Bhamidi

With 5 years of experience in Digital Media, Sharat Bhamdi specialises in creating content for webistes, developing ad campaigns and social media campaigns. At NewsSting, he handles the video division where he brings in content through feature videos and interviews.
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