Sunday, Nov 15, 2026
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Sport
  • Science and Tech
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • My Space
    • Education Today
    • Reviews
    • Property
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • My Space
  • Reviews
  • Education Today
  • Property
  • Lifestyle
Home | Andhra Pradesh | Seci Power Deals Cannot Be Scrapped Without Solid Proof Says Andhra Cm Naidu

SECI power deals cannot be scrapped without solid proof, says Andhra CM Naidu

The comments assume significance amid Adani being indicted in alleged scheme to pay $250 million bribes to Indian officials in exchange for favourable contracts, including from AP

By PTI
Published Date - 2 January 2025, 11:55 PM
SECI power deals cannot be scrapped without solid proof, says Andhra CM Naidu
Representational image.
whatsapp facebook twitter telegram

Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu said the State government cannot scrap power purchase agreements with the Solar Energy Corporation of India (SECI) without obtaining solid proof of bribery allegations.

The Chief Minister’s comments assume significance in the backdrop of Adani being indicted by the US Department of Justice over his role in an alleged years-long scheme to pay $250 million bribes to Indian officials in exchange for favourable solar power contracts, including from Andhra Pradesh.

Also Read

  • CM Naidu aims to transform Andhra into solar power generation hub

This allegation was refuted by the Indian conglomerate.

The previous YSRCP regime in Andhra Pradesh is embroiled in this alleged scam with claims that government officials received bribes from the Adani Group, which reportedly amounted to Rs 1,750 crore.

“We are getting proper documentation and once we get that then we will take action (if there was any corruption involved). If we cancel the MoUs right away then it may lead to legal issues and unnecessary complications,” Naidu told reporters, during an informal interaction with reporters on Wednesday at TDP headquarters in Mangalagiri.

The CM’s comments came after Andhra Pradesh Power Distribution Companies’ decision earlier last month to procure over 4,000 million units of power from SECI, out of the total agreed 17,000 MU from the next fiscal.

The Chief Minister stressed that he can proceed with action on anybody only after thoroughly establishing the documentary proofs in reaction to questions from reporters as to why he is not acting against certain individuals.

“I never indulge in political vendettas. However, I will not spare wrongdoers. Regardless of how great they are, the culprits should be brought to justice” he said. The CM noted that he would take action only after procuring the required documentary evidence.

Moreover, Naidu asserted that SECI’s agreement to buy power from the Adani Group was an ‘advantage’ to Andhra Pradesh and action against bribery allegations will be only after thoroughly establishing the evidence.

Refuting the bribery allegations, the YSR Congress Party has said the agreement was between the State government, Discoms and SECI which is a central government organisation and there is no third-party involvement.

Andhra Pradesh Congress Committee (APCC) president YS Sharmila recently alleged that the previous YSRCP regime had forged a 25-year deal with the Adani conglomerate to buy power at Rs 2.49 per unit while the Gujarat-based corporate house was supplying it only at Rs 1.99 per unit in Gujarat, burdening Andhra Pradesh people by Rs 1 lakh crore.

Join Our Whatsapp Channel
  • Follow Us :
As preferred source
  • Tags
  • Adani Group
  • agreements
  • Andhra Pradesh
  • AP latest

Related News

  • YSRCP slams Chandrababu Naidu over Vision 2050, raises price rise concerns

    YSRCP slams Chandrababu Naidu over Vision 2050, raises price rise concerns

  • YS Jagan accuses Naidu of ‘credit theft’ over Andhra’s AEI ranking gains

    YS Jagan accuses Naidu of ‘credit theft’ over Andhra’s AEI ranking gains

  • Chandrababu Naidu meets Japanese envoy over rare earth mineral supplies

    Chandrababu Naidu meets Japanese envoy over rare earth mineral supplies

  • Kia’s new Andhra Pradesh plant to raise annual capacity to 6.3 lakh vehicles

    Kia’s new Andhra Pradesh plant to raise annual capacity to 6.3 lakh vehicles

Latest News

  • Goyal says India has secured preferential access to American market

    6 minutes ago
  • David Warner questions Cricket Australia over Sandpapergate evidence

    9 minutes ago
  • Badruka College emerge champions at OU inter-college taekwondo meet

    16 minutes ago
  • JNTU-Hyderabad students seek Governor’s probe into alleged irregularities

    23 minutes ago
  • Young chess players shine at 10th All India Mt Banyan tournament

    23 minutes ago
  • India set to remain fastest-growing major economy in 2027, says Goldman Sachs

    30 minutes ago
  • Indian players make strong progress at IBSF World Snooker Championships

    32 minutes ago
  • Iyer says India refused to make excuses amid challenging conditions

    37 minutes ago

company

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

  • Telangana Today Telangana Today
Telangana Today Telangana Today

© Copyrights 2024 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam

Telangana Today App