Congress alleges a “rigged deal” by the Adani Group for Maharashtra’s power supply, as the ruling government faces impending defeat.

Congress MP Jairam Ramesh has accused the Mahayuti government in Maharashtra of facilitating a “rigged deal” after the Adani Group won a bid to supply 6,600 MW of bundled renewable and thermal power to the state. This comes as the government faces the prospect of a significant defeat in the upcoming assembly polls. Ramesh criticized the government’s decision, suggesting that in its final days of power, it chose to favor what he calls a “Modani enterprise.” The Adani Group confirmed the bid, which includes thermal power and renewable energy from Gujarat. Supplies are set to commence within 48 months. Ramesh indicated that more information about the deal will soon emerge.

Get Code for FREE Stocks
Downloading In 15 seconds
Scroll Down to End of This Post

Congress MP Jairam Ramesh has raised serious allegations against the Adani Group following its recent win of a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra. The announcement, made on September 15, 2024, has sparked controversy, with Ramesh calling the deal a “rigged arrangement” facilitated by the current Mahayuti government. He suggested that this action reflects the government’s desperation as it approaches what he claims will be a landslide defeat in the upcoming assembly elections.

The Adani Group’s bid was awarded after they quoted Rs 4.08 per unit, outbidding competitors such as JSW Energy and Torrent Power. Reflecting on the deal, Ramesh voiced his concerns through social media platform X, stating, “Even as the Mahayuti Government in Maharashtra totters towards a landslide defeat, this is what they choose to do with their last few days in power.” He indicated that more shocking details about the deal would emerge soon.

In a confirmation of the agreement, the Adani Group stated that the Maharashtra State Electricity Distribution Company (MSEDCL) has issued a letter of intent for the 6,600 MW supply. This includes commitments from Adani Power to deliver 1,496 MW of thermal energy and 5,000 MW of solar energy from their Khavda renewable energy park in Gujarat. The solar power is set at a fixed cost of Rs 2.70 per unit, while the thermal supply will fluctuate based on coal prices.

As this story develops, it remains to be seen how these allegations will impact the political landscape ahead of the elections. The focus is now on the transparency and integrity of the bidding processes in the energy sector.

Tags: Jairam Ramesh, Adani Group, Maharashtra, renewable energy, thermal power, political controversy, elections 2024.

1. What is the Cong party’s concern about Adani’s power supply win?
   The Cong party is worried that Adani winning the contract to supply power to Maharashtra shows favoritism and raises questions about government transparency.

2. Why is the Mahayuti government being criticized?
   The Mahayuti government is being criticized for allegedly prioritizing big companies over the interests of the people and for not being clear about their agreements.

3. How does Adani’s win affect power supply in Maharashtra?
   Adani’s win means they will supply a significant amount of power to Maharashtra, which could change the dynamics of the local power Market.

4. What are the claims made by the Cong party?
   The Cong party claims that the process for awarding the contract was not fair and that it may lead to higher electricity prices for consumers.

5. What does this situation mean for the people of Maharashtra?
   For the people of Maharashtra, this situation could lead to uncertainty about electricity costs and service quality from Adani as a new supplier.