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YSP Congress Party main and erstwhile Andhra Pradesh CM Jagan Mohan Reddy and Gautam Adani. (File photo)
In his archetypal comments aft facing corruption allegations successful the aftermath of the US indictment of Gautam Adani and others, YSRCP president and erstwhile Andhra Pradesh main curate Y S Jagan Mohan Reddy connected Thursday dismissed allegations of bribery successful the acquisition of star powerfulness by the authorities authorities portion helium was successful power.
“The powerfulness acquisition statement was betwixt Andhra Pradesh fovernment discoms and the Solar Energy Corporation of India (SECI) – 2 authorities agencies. No others, including industrialist Gautam Adani oregon the Adani Group, were progressive successful this,” Jagan said.
According to the US tribunal indictment, Adani “personally met with Foreign Official 1 successful Andhra Pradesh to beforehand the execution of PSA (power proviso agreements) betwixt SECI and AP’s authorities energy organisation companies, including connected oregon astir August 7, 2021, connected oregon astir September 12, 2021 and connected oregon astir November 20, 2021”. The “Foreign Official 1”, according to the indictment, “had served arsenic a high-ranking authorities authoritative of Andhra Pradesh from May 2019 to June 2024”.
While the indictment does not sanction Foreign Officer 1, a filing by the Security Exchanges Commission filing does accidental that successful August 2021, Adani “met personally with the Chief Minister of Andhra Pradesh…” Between May 2019 and June 2024, Jagan was the CM.
On Thursday, Jagan said that erstwhile his enactment came to powerfulness successful June 2019, Andhra Pradesh was acquiring powerfulness astatine astir Rs 5.10 per kWh. By entering into an statement to acquisition powerfulness from SECI, Jagan said, his authorities brought this outgo down to Rs 2.49 per KWh.
“The SECI, which is simply a Government of India enterprise, and the Andhra Pradesh Government signed the agreement. Where is Adani Group progressive successful this? The tariff of Rs 2.49 per kWh was offered by nary 1 else, and determination are truthful galore benefits to the state,” helium said.
Jagan accused the Telugu Desam Party of spreading mendacious information. While CM N Chandrababu Naidu has said the allegations against Jagan lowered the state’s marque image, astatine slightest 2 ministers successful his furniture person said the agreements signed nether the erstwhile authorities are nether scanner.
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