Chennai, Nov 21 (UNI) The Tamil Nadu government on Thursday stoutly and outrightly denied that the TNEB was having any direct or commercial tie up Adani Group’s power utlitiy which was caught in a legal wrangle following a case in New York court in US.
Strongly denying any tie up TNEB had with the Adani Group, Electricity Minister V Senthil Balaji talking to reporters in native Karur district said “Let me make it plain and clear that the TNEB did not have any direct or commercial relationship with the Adani Group in the last three years since the DMK came to power under the leadership of Chief Minister MK Stalin.
He said the TNEB had entered into an agreement with the public sector Solar Energy Corporation of India (SECI), a Government of India entity (an arm of the Union Energy Ministry), he said hours after the US court indicted the Adani Group in a court on charges of bribing government officials between July 2021 and February 2022.
Categorically ruling out illegality in the TNEB entering into a long term Power Purchase Agreement (PPA) with the SECI, he clarified that “We have signed a contract to buy 1500 MW of electricity firm SECI at a cheap rate of Rs 2.61 per unit for a period of 25 years, while claiming that the previous AIADMK regime had purchased solar power at an exorbitant rate of Rs 7.01.
Since the pact was only with the SECI, there was no question of TNEB having any commercial ties with any of the Adani group, he added.
