In a strong statement, the Chief Minister highlighted missteps from the previous administration, including the cancellation of Power Purchase Agreements (PPAs). This decision created a ₹9,000 crore financial burden on consumers, even though the contracted power was not utilized.
The current government, however, has streamlined financial operations, eliminated this burden, and ensured that electricity tariffs remain stable. This marks a significant milestone in restoring fiscal discipline within the state’s power sector.
The high-level review meeting was attended by Energy Minister Gottipati Ravi Kumar, Chief Secretary K. Vijayanand, and senior officials from Transco, Genco, and Discoms, signaling unified commitment toward implementing these transformative initiatives.