YS Jagan Mohan Reddy’s decision to cancel the tenders of Polavaram Project and showing Navayuga door out did not go well with the Central Government. Delhi is of the view that the State Government is taking unilateral decisions while it should have consulted the Center before taking such major decisions since it is funding the Project.
The Center feels that re-tenders will escalate the cost estimations and will burden the National Exchequer. Prime Minister Narendra Modi is likely to take up the issue while the Chief Minister meets him in Delhi on 6th of this month. Meanwhile, speaking in Parliament the other day, Union Minister for Jalshakti, Gajendra Shekhawat termed this move as regrettable.
He added that Calling for new tenders will delay the project and also escalate the cost. This is not the first time the State Government had overlooked the Center in key issues. Earlier despite the warnings from the Central Governments, the State Government decided to renegotiate the PPAs with Renewable Energy Companies.
As a result, the issue landed up in courts and the entire segment is in distress. This move of Andhra Pradesh Government has impacted the investor sentiment across the country, the Central Government opines. PM Modi is likely to take up this issue as well with the Chief Minister.Don't MissMegastar Makes It Special With Rare Treats For Birthday BoysA few days ago Megastar Chiranjeevi said that April 8th is a special day. He...Don't Missఅల్లు అర్జున్ మేక్ ఓవర్... సుక్కు అటెన్షన్ టు డీటెయిల్..స్టైలిష్ స్టార్ అల్లు అర్జున్, క్రియేటివ్ డైరెక్టర్ సుకుమార్ కాంబినేషన్ లో వస్తున్న తాజా చిత్రం 'పుష్ప'. ఈ సినిమాలో...Don't MissUnion Home Ministry Begins Exercise On Lockdown. Decision Made?We are on the fifteenth day of the Three Weeks Nationwide Lockdown. The hot topic...Don't MissPushpa’s World Introduces Rawness, Making It Perfect Pan-Indian MaterialThe makers of Pushpa are pushing the pedal to spread the first look and the...Don't MissPooja Hegde's L-Pose Handstand at the WallThe other day it was Rakul Preet Singh who hanged herself upside down while doing...