Energy deal has nothing to do with Adani: Former Andhra Pradesh CM Jagan Reddy rejects US allegations

Energy deal has nothing to do with Adani: Former Andhra Pradesh CM Jagan Reddy rejects US allegations


New Delhi:

Chandrababu Naidu’s ruling Telugu Desam Social gathering (TDP) has accused the earlier YS Jagan Mohan Reddy authorities of Andhra Pradesh of corruption. TDP alleged that the earlier Reddy-led authorities had made a secret deal to purchase energy from Adani Group via Photo voltaic Vitality Company of India (SECI). Now former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has accomplished his tenure. The allegations of taking bribe for photo voltaic vitality deal have been dismissed as rumors. Reddy additionally clarified that Adani Group has nothing to do with the facility deal.

In an unique interview with NDTV on Friday, former Andhra Pradesh CM Jagan Mohan Reddy mentioned that we had signed an settlement immediately with Photo voltaic Vitality Company of India. This deal was clear and likewise legally permitted. Adani or any non-public firm was not concerned on this.

YSR Congress Social gathering chief Reddy mentioned, “Since turning into the Chief Minister in 2019, I’ve met many prime businessmen. Gautam Adani was additionally included amongst them. My title just isn’t talked about anyplace within the bribery case. No matter information reviews. These are all rumours, my title has by no means been talked about in it, that I had met Gautam Adani solely after that. Occurred.”

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It isn’t proper to spotlight solely the assembly of August 2021
Jagan Mohan Reddy says, “What’s improper in assembly Gautam Adani? Why is it being highlighted a lot? Why is the entire matter being restricted to our assembly in August 2021? Ever since I grew to become CM in 2019 I’ve met many businessmen, it’s the obligation of the Chief Minister to fulfill the businessmen for funding and likewise to resolve their points.

What is the hurt in assembly for funding?
He mentioned, “If somebody desires to return and spend money on Andhra Pradesh, then he’ll meet the CM… What’s the hurt on this? Earlier than making any funding, any businessman will certainly wish to meet the CM to make sure that the place he’s investing. How a lot security is there? That is why each state is competing and organizing industrial summits.”

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Met Adani a minimum of 5-6 instances
Jagan Mohan Reddy additional explains, “I’ve met Gautam Adani a minimum of 5-6 instances from 2019 until the tip of my tenure. I imply why are you speaking solely about August 2021? Even after August I’ve had a gathering with the Chairman of Adani Group for the aim of funding. Even earlier than August, I’ve met not solely Adani but additionally many different famend industrialists. It is among the duties of the Chief Minister.”

Reddy mentioned, “The facility deal has nothing to do with Adani or any group. We must always transcend these items and attempt to perceive why this deal was accomplished. Central authorities firm Photo voltaic Vitality Company of India (SECI ) does enterprise with the intention of selling the usage of photo voltaic vitality in India. We had accomplished the facility deal via Photo voltaic Vitality Company of India. SECI clearly mentioned in its letter that “Reward the efforts of the state authorities relating to photo voltaic vitality.”

This media and TDP’s propaganda… YSRCP responded to the allegations relating to photo voltaic vitality deal.

Jagan Mohan Reddy says, “If SECI’s letter had not come to me. If SECI had not provided the most affordable electrical energy ever bought by the state (Rs 2.45). If SECI had not talked about the exemption in interstate transmission costs. Had it been accomplished, there would have been nothing in it…”

He clarified that the signatories to the SECI energy sale settlement are none apart from the state authorities, DISCOM and SECI. Due to this fact that is the consent of the Central Authorities and the State Authorities. The matter ends right here…”

Earlier on Wednesday, Jagan Mohan Reddy informed media individuals, “To begin with, nobody can bribe me. It isn’t uncommon for businessmen to fulfill politicians, however it’s a regular follow.” The previous Andhra Pradesh chief minister mentioned the bribery allegations have been rumour and nobody had mentioned that Jagan or anybody else had taken bribes.

will file a defamation case
Jagan Mohan Reddy mentioned he would file a defamation go well with of Rs 100 crore towards some native dailies for distorting information and publishing information.

Jagan Mohan’s assertion in Adani case – When there’s an settlement between authorities companies then what sort of bribe, will file defamation declare of Rs 100 crore towards these publishing improper information

(Disclaimer: New Delhi Tv is a subsidiary of AMG Media Networks Restricted, an Adani Group Firm.)


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