Electricity companies in Karnataka spent an “avoidable” Rs 2,517 crore to purchase power from the private sector because of the government’s delay in completing the Yeramarus Thermal Power Station (YTPS), according to the latest Comptroller & Auditor General (CAG) report.
The 1,600-MW capacity YTPS was an ambitious project that was conceived to bridge the gap between the demand and supply of power in the state. The implementation of the YTPS was through a joint venture with the Karnataka Power Corporation Ltd and BHEL.
The CAG report, which was tabled in the Legislative Assembly on Tuesday, has spilled the beans on how the YTPS project was mired in glitches.
