Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • “Especially At That Price”: West Indies Great Tears Into KKR’s Rs 24.75 Crore Buy Mitchell Starc Sports
  • Watch | What does the Hamas attack mean for Israel, Palestine and West Asia? World
  • Man Who Punched Pune Woman In Road Rage Case Arrested Along With Wife Nation
  • 5 Facts About Sukhbir Singh Sandhu, Appointed As Election Commissioner Nation
  • KSRTC set to introduce bus service to Puri from Bengaluru Nation
  • China says German naval ships in Taiwan Strait ‘increase security risks’ World
  • East Delhi Pip South Delhi To Win Inaugural Delhi Premier League Sports
  • Sumit Nagal Gets Tough Opponent In Maiden Wimbledon Main Draw Sports

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

Posted on September 16, 2024 By admin


Jairam Ramesh. File
| Photo Credit: PTI

The Congress on Monday (September 16, 2024) criticised the Mahayuti government for awarding the Adani Group a contract to supply 6,600 MW of bundled renewable and thermal power to Maharashtra. It questioned whether this ‘favour’ to the conglomerate would lead to a significant tariff burden on the State’s consumers.

The party’s general secretary in-charge of communications, Jairam Ramesh said that despite the Mahayuti government ‘stumbling towards a landslide defeat,’ they are using their final days in power to push a ‘Modani agenda’ by awarding the Adani Group a massive power procurement contract.

Adani Group says press release in circulation on its Kenya projects is fake

“Even as the Mahayuti Government in Maharashtra totters towards a landslide defeat, they choose to spend their last few days in power pursuing a Modani enterprise, giving the Adani Group a giant power purchasing contract,” he said in a post on X.

The Adani Group recently secured a long-term contract to supply 6,600 MW of bundled renewable and thermal power to Maharashtra after its bid of ₹4.08 per unit outcompeted rivals such as JSW Energy and Torrent Power. The power supply is scheduled to begin 48 months after the issuance of the letter of intent.

“Here are five questions for the non-biological PM on his new joint venture. Is it not true that – The terms and conditions of the tender issued by the Maharashtra Government for bids on 1,600 MW thermal and 5,000 MW solar on 13.03.2024 were modified from the Standard Bidding Guidelines to minimise competition?” the former Union Minister said.

“The tariff for the 1,600 MW coal power is roughly ₹12 crore per MW – at a time when Adani has itself contracted with BHEL for less than seven crore per MW and other providers such as NTPC/DVC/Neveli Lignite Corporations are implementing large thermal projects at ₹8-9 crore per MW?” he said.

Mr. Ramesh asked whether ₹28,000 crore of the project cost will be financed entirely by the agencies controlled by the Ministry of Power of the Maharashtra Government.

“Tariffs for solar power are in the ₹2.5 per unit range but Adani Green will be supplying power at ₹2.7 per unit? These revdis distributed to the Adani Group will but a heavy burden of tariff on the 2.7 crore consumers in the State of Maharashtra?” the Congress leader asked.

Published – September 16, 2024 04:14 pm IST



Source link

Business Tags:Adani power deal, congress criticizes Mahayuti government, congress criticizes Mahayuti government for Adani power deal, Mahayuti government, Ministry of Power of the Maharashtra Government, renewable and thermal power to Maharashtra

Post navigation

Previous Post: ‘Played Two Formats But…’: Australia Pacer Reveals “Most Angry” Moment Of Life
Next Post: Student From Telangana Drowns In Lake In Canada On His Birthday

Related Posts

  • Rupee falls 15 paise to 82.77 against US dollar Business
  • RBI Monetary Policy LIVE updates | Policy repo rate unchanged at 6.5%; real GDP growth for FY25 projected at 7% Business
  • India’s rise unstoppable, to become 3rd largest economy by turn of decade: Dhankhar Business
  • Sensex, Nifty close at record high levels for 3rd day in a row Business
  • Sensex falls 453 points, Nifty down 126 in early trade Business
  • RBI’s MPC keeps policy rate unchanged; real GDP growth for FY24 projected at 6.5% Business

More Related Articles

Congress claims MSP hike only on paper, accuses Modi govt. of betraying farmers Business
Reliance Industries seeks CCI approval for Viacom18-Star India merger Business
Why is fiscal consolidation so important? | Explained Business
India has ‘unexplored’ opportunities: Warren Buffett Business
Union Budget: Amount paid on share buyback to be treated as dividend and taxed in hands of shareholders, says Nirmala Sitharaman Business
Record yield of fruits, vegetables expected in 2021-22: Centre Business
SiteLock

Archives

  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • Kamala Harris Dials Trump After Apparent Assassination Attempt
  • Stage Set For Phase 1 Of J&K Elections Today, 24 Seats Up For Contest
  • JPMorgan In Talks With Apple Over Goldman Credit Card Partnership: Report
  • Interim Government gives magisterial and policing powers to Bangladesh Army 
  • Bangladesh Tests ‘No Dress Rehearsal’, Says India Skipper Rohit Sharma

Recent Comments

  1. TpeEoPQa on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. xULDsgPuBe on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. KyJtkhneiLmcq on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. mOyehudovB on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. GFBvgSrWPcsp on UP Teacher Who Asked Students To Slap Muslim Classmate
  • 20 Coaching Centre Basements Sealed For Violating Norms After Delhi Tragedy Nation
  • In videos | Budget 2024 Business
  • Congress “double standards” to the fore, charges Bandi Sanjay Nation
  • Chandrababu Naidu’s Party Leaders Stage Protest Against His Arrest Nation
  • Azerbaijan arrests the former head of separatist government after recapturing Nagorno-Karabakh World
  • Australian Teen Almost Dies After Eating Bacon And Egg Sandwich. Here’s Why World
  • Promised Job, Unemployed UP Man Framed In Rs 250-Crore GST Fraud Nation
  • How Much Does Virat Kohli’s Hairstyle Cost? Aalim Hakim Says, “Minimum…” Sports

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.