Naidu government explores options to keep SECI solar deal alive amid bribery allegations against Adani group
bribery scandal involving the Adani Group that has come to light in the U.S.
According to sources, the state government is not in favor of canceling the deal due to the legal complexities it would entail. Instead, it is considering the possibility of setting up the solar power plant within Andhra Pradesh, which would significantly lower transmission costs.
A senior minister in the state government highlighted that if the power were available locally with minimal transmission costs, the rate of Rs 2.49 per unit would be reasonable.
«We're biz-friendly, junking SECI deal amid the US bribery scandal is the last resort,» the minister said.
The TDP government’s stance is that while Rs 2.40 per unit of solar power is a fair price, the original plan—which involved sourcing power from Rajasthan—would have added an extra Rs 1.7 per unit in transmission costs.
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