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Chandrababu Naidu says, losses of Rs 1.29 L cr in power sector under YSRCP

Chandrababu Naidu says, losses of Rs 1.29 L cr in power sector under YSRCP


On Tuesday Andhra Pradesh Chief Minister Nara Chandrababu Naidu alleged that the entire power sector in the state was totally ruined by the “inefficient and arrogant rule” of his predecessor YS Jagan Mohan Reddy. He alleged that the previous YSR Congress party government had imposed a tariff burden of Rs 32,166 cr  on the power consumers of the state, besides pushing AP power distribution companies into a debt of Rs 49,596 cr in the last 5 years.

Releasing the white paper on  the status of the power sector, Chandrababu Naidu claimed that Andhra Pradesh suffered a loss of a whopping Rs 1,29,503 cr with the wrong decisions taken by former CM YS Jagan Mohan Reddy.

Naidu said, “As the CM of combined Andhra Pradesh , I have introduced several reforms in power sector which were later shown the way for the whole nation. Of course, with these reforms in power sector, we lost the power. But I am happy that I have laid the foundation for a better change.”

Chandrababu Naidu made it clear that there will be no power cuts any longer in the state  and quality power will be supplied to the consumers. He added that the lives of people are totally linked with the power and the more efficiently this is utilized the more benefits they get.

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