Chandrababu trembles on hearing review on PPA's: CM YS Jagan

Amaravati: The YSRCP president and AP Chief Minister YS Jagan Mohan Reddy slammed the TDP chief and Opposition leader N Chandrababu Naidu.

He criticized that Chandrababu is misleading the public over the formation of the expert's committee on PPA's issue and showing his frustration on the government.

CM YS Jagan comments that Chandrababu trembles on hearing the review on PPAs. On Friday, a debate on PPA (Power Purchase Agreement) has taken place in the Assembly. During the decision, the war of words has happened between the ruling YSRCP and opposition TDP members in the House.

Speaking on the occasion, CM YS Jagan has given the strong counter to the comments of the TDP members. He said the previous government had made PPA's as if they want, and because of it the state has got severe damage.

Chief Minister explained that earlier government had purchased the wind power for Rs 4.48 paisa per unit, and at that time, the thermal energy was Rs 4.20 paisa per unit. The purchase of wind power has caused damage.

CM YS Jagan has alleged that though the thermal power was available at a lower price, the TDP government has bought wind power. Not only that, after the agreement, for not purchasing the thermal energy, compensation has been paid.

He alleged that to make a benefit for a few people, they have bought electricity for high prices. CM YS Jagan said that a total loss of Rs 5,497 crore had incurred in the power dealing issue.