{"id":295773,"date":"2019-10-11T12:10:28","date_gmt":"2019-10-11T06:40:28","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295773"},"modified":"2019-10-11T12:14:47","modified_gmt":"2019-10-11T06:44:47","slug":"ntpc-kudgi-project-ppa-caused-loss-to-exchequer-alleges-ap-power-minister","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-kudgi-project-ppa-caused-loss-to-exchequer-alleges-ap-power-minister\/","title":{"rendered":"NTPC Kudgi project PPA caused loss to exchequer, alleges AP Power Minister"},"content":{"rendered":"<p>The power purchase agreement that Andhra Pradesh entered into with NTPC Kudgi Thermal power plant, during the N Chandrababu government, was at exorbitant rates, alleged Andhra Pradesh Energy Minister Balineni Srinivasa Reddy.<\/p>\n<p>Addressing media, Reddy alleged the PPA was signed at \u20b911.68 per unit when solar wind power was available at \u20b94.80 per unit causing a huge loss to public exchequer.<\/p>\n<p>Seeking to highlight \u201cirregularities,\u201d the Minister said 392 million units (MU) were purchased during 2019 at inflated rates and \u20b9317 crore was the fixed cost paid irrespective of the quantum of power the State purchased.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The power purchase agreement that Andhra Pradesh entered into with NTPC Kudgi Thermal power plant, during the N Chandrababu government, was at exorbitant rates, alleged Andhra Pradesh Energy Minister Balineni Srinivasa Reddy. Addressing media, Reddy alleged the PPA was signed at \u20b911.68 per unit when solar wind power was available at \u20b94.80 per unit causing a huge loss to public exchequer. Seeking to highlight \u201cirregularities,\u201d the Minister said 392 million units (MU) were purchased during 2019 at inflated rates and \u20b9317 crore was the fixed cost paid irrespective of the quantum of power the State purchased.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-295773","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295773"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295773\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}