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Gujarat

Congress accuses Gujarat govt of excess payment of Rs 3,900 crore to Adani Power Mundra

by TLAteam August 27, 2023August 27, 2023
written by TLAteam August 27, 2023August 27, 2023
Congress accuses Gujarat govt of excess payment of Rs 3,900 crore to Adani Power Mundra

Gujarat Congress chief Shaktisinh Gohil accused the Bharatiya Janata Party government in the state of making an excess payment of Rs 3,900 crore to Adani Power Mundra Limited over five years under two power purchase agreements (PPA), an allegation the government denied.

Business News

Gujarat government spokesperson and cabinet minister Rushikesh Patel said the allegations were “misleading”, stating that the payment was only interim and not final.

The state-run Gujarat Urja Vikas Nigam Limited (GUVNL) paid Adani Power Rs 13,802 crore between October 2018 and March 2023 even when the latter did not submit any invoice or supporting documents of coal procurement (for its power plants), Gohil claimed at a press conference here.

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