Krishnapatnam-NTPC-KCRTelangana government last week had clarified that it does not want the power from Krishnapatnam Project this season. A letter officially stamped by the government was already sent too. However experts say that Telangana government dropped its stake for the share in the power permanently with this letter. M9.news spoke to an expert regarding this issue and here is what he has to say –

“There are two angles in this. Firstly if Telangana government realized that it can not win in courts regarding Krishnapatnam. We can see this step as safety measure to avoid embarrassment. Second case, Telangana government may have got it terribly wrong”, said the expert.

Explaining how it is a blunder, he said, “Telangana is not a short term buyer of Krishnapatnam who can buy power only when he needs or the business is profitable. Telangana claims that it is a share holder of the project. Share holders will take home losses or profits whatever it may be. They can not leave the losses to other partners at one time and take away profits in other time. Similarly, Telangana can not deny power just for this season as it is getting cheaper power”.

Krishnapatnam power is available at 6 Rupees per unit for Telangana which is costly now as the power demand is low. As the demand rises, some times they have to pay as much as 10 Rupees per unit, then Krishnapatnam is a very good deal. This decision of leaving out Krishnapatnam will cost KCR dearly in future.