Govt clarifies

Hyderabad, Sept 14 :

 The Government on Monday clarified that the reports appeared in a section of the media stating that 20 per cent of power has been allowed to be sold as merchant power by 4 power IPPs is factually incorrect. The report that this stand is a reversal of the stand taken by the deceased Chief Minister Dr Y S Rajasekhara Reddy is also baseless and incorrect.

 The Chief Minister, Mr K Rosaiah, has examined these issues with the energy department officials. It is hereby clarified that the Power Purchase Agreements with the 4 Power Projects, namely, Vemagiri, Konaseema, Gautami and GVK Extension were amended with the full approval of the Government of Andhra Pradesh in 2008. These were submitted to the APERC for approval and are under hearing by the APERC.

 The clarification being issued now is merely and simply a reiteration of what has already been decided by the Government in 2008. It is also clarified that no decision taken in the past has been amended in any manner whatsoever. The decision of the Government ensures and protects public interest in the long run.