Revanth Reddy said that Telangana government is purchasing power at Rs 3.90 per unit and the DISCOMs are charging Rs 5.20 per unit from its consumers.
“The TRS government has signed an MoU with the Chhattisgarh government on electricity purchase for 12 years at a tariff higher than the market price. This is causing an Rs12,000 crore additional burden on the exchequer. Moreover, Adani Group is behind this deal as it’s supplying coal to Marva power generation station. If the Telangana government invites the open bidding, we would have received power at a reasonable tariff. The power is being purchased under the emergency electricity purchases category at a higher price."
“The PPAs for additional power is also a fraud. For instance, the agreement made in 2016-17 on power purchase has not utilised this. Due to this non-utilisation, the government incurred a Rs 957 crore loss. Another example is that the government purchased electricity on August 28th at Rs 6.08 per unit. AP Genco is offering electricity at Rs 4.62 per unit. But, our government is purchasing power from private companies at Rs 4.90 per unit. NTPC is ready to offer electricity at a reasonable rate. But the TRS government is not allocating land to NTPC for the 4,000-MW power plant.