Adani Power deal: Congress slams Mahayuti government in Maharashtra; calls it a ‘Modani Enterprise’

Adani Power deal: Congress slams Mahayuti government in Maharashtra; calls it a ‘Modani Enterprise’



Jairam Ramesh. File
| Picture Credit score: PTI

The Congress on Monday (September 16, 2024) criticised the Mahayuti authorities for awarding the Adani Group a contract to produce 6,600 MW of bundled renewable and thermal energy to Maharashtra. It questioned whether or not this ‘favour’ to the conglomerate would result in a big tariff burden on the State’s customers.

The occasion’s basic secretary in-charge of communications, Jairam Ramesh mentioned that regardless of the Mahayuti authorities ‘stumbling in direction of a landslide defeat,’ they’re utilizing their closing days in energy to push a ‘Modani agenda’ by awarding the Adani Group an enormous energy procurement contract.

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“Even because the Mahayuti Authorities in Maharashtra totters in direction of a landslide defeat, they select to spend their previous couple of days in energy pursuing a Modani enterprise, giving the Adani Group an enormous energy buying contract,” he mentioned in a put up on X.

The Adani Group just lately secured a long-term contract to produce 6,600 MW of bundled renewable and thermal energy to Maharashtra after its bid of ₹4.08 per unit outcompeted rivals comparable to JSW Power and Torrent Energy. The ability provide is scheduled to start 48 months after the issuance of the letter of intent.

“Listed below are 5 questions for the non-biological PM on his new three way partnership. Is it not true that – The phrases and situations of the tender issued by the Maharashtra Authorities for bids on 1,600 MW thermal and 5,000 MW photo voltaic on 13.03.2024 had been modified from the Customary Bidding Pointers to minimise competitors?” the previous Union Minister mentioned.

“The tariff for the 1,600 MW coal energy is roughly ₹12 crore per MW – at a time when Adani has itself contracted with BHEL for lower than seven crore per MW and different suppliers comparable to NTPC/DVC/Neveli Lignite Firms are implementing massive thermal initiatives at ₹8-9 crore per MW?” he mentioned.

Mr. Ramesh requested whether or not ₹28,000 crore of the undertaking value might be financed fully by the companies managed by the Ministry of Energy of the Maharashtra Authorities.

“Tariffs for solar energy are within the ₹2.5 per unit vary however Adani Inexperienced might be supplying energy at ₹2.7 per unit? These revdis distributed to the Adani Group will however a heavy burden of tariff on the two.7 crore customers within the State of Maharashtra?” the Congress chief requested.





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