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

By News Minute calender  08-Oct-2019

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. 

    ALSO READ:- 'YSR Vahana Mitra' welfare scheme for auto and cab driver-owners
     
  • 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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