May get Rs 2,800 crore jolt if SECI pact is junked: Andhra Pradesh minister
Friday, 29 November 2024 ()
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.
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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