May get Rs 2,800 crore jolt if SECI pact is junked: Andhra Pradesh minister

Credit: IndiaTimes- Published 3 hours ago
Andhra Pradesh government may incur financial impacts between Rs 2,500 crore and Rs 2,800 crore if it cancels the power sale agreement with SECI. Energy Minister Gottipati Ravi Kumar warned of potential litigation and compensation. The deal, now under scrutiny for alleged bribery involving Adani Group, could face legal probes.

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Solar Energy Corporation of India

Indian government company
The Andhra Pradesh government is exploring alternatives to scrapping the 2021 solar power deal with SECI following bribery allegations against the Adani Group...
Credit: IndiaTimes - Published 2 days ago


Andhra Pradesh

State in southern India
Andhra Pradesh deputy chief minister Pawan Kalyan condemned the arrest of Iskcon priest Chinmoy Krishna Das in Bangladesh, urging collective action and..
Credit: IndiaTimes - Published 2 days ago


Adani Group

Indian multinational conglomerate
Kerala and Adani Vizhinjam Port Pvt Ltd have signed a supplementary agreement, accelerating revenue sharing from Vizhinjam seaport. With the project now fully..
Credit: IndiaTimes - Published 4 hours ago

The Lok Sabha extended the JPC's tenure on the Waqf (Amendment) Bill till the end of the next Budget session amidst opposition protests. Both Houses faced..
Credit: IndiaTimes - Published 5 hours ago

Parliament faced another day of standstill. Opposition members protested, demanding discussions on Adani Group allegations and violence in Sambhal and Manipur...
Credit: IndiaTimes - Published 1 day ago


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