On July 19, 2019 Andhra Pradesh Chief Minister YS Jaganmohan Reddy and former Chief Minister N Chandrababu Naidu got involved in a heated debate in the State Assembly. The Chief Minister alleged “a huge Rs 3,000 crore or even Rs 4,000 crore per annum scam” on the power purchase agreements (PPAs) signed during the five-year TDP rule, which was denied by the former Chief Minister.
Ever since the new government announced its decision to review all the PPAs relating to solar and wind power signed during the TDP regime, a controversy has been raging in the state over the issue. Even the centre has shot off two letters advising the new government to desist from such a course of action as it would adversely affect investments in the sector. But the YSR Congress government has made it clear that it will go ahead with the review.
