jagan-approved-adani-deal-against-officials-advice

International News Agency Reuters published a sensational article saying that the Jagan Government approved the Power Purchase Deal involving Adani despite officials saying No.

The government, then, overruled advice from finance and energy officials. The officials informed the Government that the contract will be a burden for the state’s coffers, potentially leaving taxpayers on the hook for thousands of megawatts of energy that Andhra Pradesh does not need.

Also Read – Family Matters: Nara Bhuvaneshwari in Action

Reuters claimed that it has reviewed 19 state government documents, many of them previously unreported, and interviewed more than two dozen state and federal officials about the deal, as well as independent energy and legal professionals.

This appointment comes a few days after Jagan’s name (as CM of Andhra Pradesh in 2021) figured in the US Department of Justice Indictment Statement about Adani’s Bribery.

Also Read – Jagan 2.0 Forgets His Own Words

The document clearly mentions that the Adani Group paid ₹1,750 crore in bribes to “Foreign Official #1,” an Indian citizen who served as a high-ranking government official in Andhra Pradesh between May 2019 and June 2024.

The indictment also that Adani “personally interacted” with “Foreign Official #1” in Andhra Pradesh on several occasions in 2021 to finalize agreements.

Also Read – Political Analyst: CBN is the Man for Two Terms

If not for Jagan, this “Foreign Official #1” is someone in Jagan’s Government who was acting on Jagan’s behalf.

If we correlate the Indictment statement and this article by Reuters, we can conclude that the deal was approved against the advice of the officials for kickbacks.




Reuters also mentioned that 57 days between SECI’s approach to the state government and regulatory approval from the Andhra Pradesh Electricity Regulatory Commission (APERC) for the 7,000-megawatt deal was unusually fast.