Power Struggle: Andhra Pradesh's Renewable Energy Controversy
YSRCP leaders criticize the Andhra Pradesh government's power deal with Axis Energy, labeling it a scam. They claim the agreement enforces a costly fixed-rate of Rs 4.60 per unit for renewable power, burdening the public. The Energy Minister defends the deal, citing benefits like employment and energy security.
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The Andhra Pradesh government's renewable energy agreement with Axis Energy is under scrutiny, as YSRCP leaders accuse it of being a massive scam. They argue the fixed-rate of Rs 4.60 per unit is an unfair financial burden on the public.
During a press conference, YSRCP figures G Srikanth Reddy and G Amarnath criticized the deal, contrasting it with a previous agreement signed by Y S Jagan Mohan Reddy at Rs 2.49 per unit. Despite accusations of profiteering, the coalition maintains its focus on transparency and long-term energy security.
Andhra Pradesh Energy Minister G Ravikumar countered the allegations, claiming the power deal would provide employment, tax benefits, and a varied energy mix. He urged for recognition of the coalition's sustainable and transparent efforts.
(With inputs from agencies.)
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