Andhra power sector facing ‘legacy losses’ of Rs 1.29 lakh cr — Naidu’s white paper blames Jagan
This is the third in the series of white papers that the Telugu Desam Party (TDP) government is releasing to inform the public about “the misadministration and misdeeds of the Yuvajana Sramika Rythu Congress Party (YSRCP) regime”.
Two white papers on the Polavaram irrigation and Amaravati capital projects were previously presented by Naidu. The TDP chief said that another one on the “bad situation” of the state’s finances would be produced soon.
Also Read: Calling Jagan a ‘curse’, Andhra Pradesh CM Naidu releases white paper on stalled Polavaram project
Key highlights
“The losses from 2014 to 2019 include tariff burden on consumers amounting to Rs 32,166 crore, increase in debt of power utilities by Rs 49,496 crore, and losses of Rs 47,741 crore due to inefficient governance,” Naidu sai...