Naidu claims Andhra govt purchasing coal at higher price, company refutes claims

The Andhra Pradesh Power Generation Corporation (APGENCO) has responded to former CM Naidu’s allegations over purchasing coal from Singareni at a high price.
Targeting the Andhra government over frequent power cuts, he also claimed that a cheaper option was available at Mahanadi Coalfields Limited (MCL).
In an official statement, APGENCO Managing Director B Sreedhar has stated that the state government has been procuring additional coal from Singareni Collieries Company Limited (SCCL) since as early as 2014.
Even in 2016-17, the MoU signed with SCCL was for 50 lakh MT, which is the same as the amount for which the 2019-20 MoU was signed, the statement said.

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Previously, Naidu had tweeted, “PPAs were maligned even though solar and wind power was available at Rs 3 to 4.84 per unit."

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