Gujarat bought electricity worth Rs 8,160 crore from Adani Power, Bhupendra Patel government gave information in the assembly


Gandhinagar: The Gujarat authorities mentioned on Saturday that in the course of the monetary 12 months 2021-22, electrical energy price Rs 8,160 crore was bought from Adani Energy, the facility firm of Adani Group, at revised charges. The Bhupendra Patel authorities of Gujarat gave this info in response to a query within the state meeting. Within the final monetary 12 months, the state authorities procured energy from Adani Energy at a revised fee of Rs 8.83 per unit as an alternative of the pre-fixed fee of Rs 2.83 per unit, in line with a decision handed by the Meeting.

Your MLA requested a query

Responding to a query by Aam Aadmi Party (AAP) MLA Hemant Ahir, State Vitality Minister Kanu Desai mentioned within the Meeting that the federal government purchased 1,159.6 crore models of electrical energy from the corporate within the 12 months 2021-22 for Rs 8,160 crore. He knowledgeable that the facility buy fee has been revised to Rs 8.83 per unit on month-to-month foundation, which was earlier Rs 2.83 per unit.

25 12 months settlement with Adani Energy

Kanu Desai mentioned that the state authorities had signed a 25-year energy buy settlement with Adani Energy within the 12 months 2007. The acquisition settlement was executed at a levelized fee of Rs 2.89 and Rs 2.35 per unit. He mentioned that because of improve within the worth of imported coal, the state authorities elevated the facility tariff below the facility buy settlement with the corporate.

hike in energy buy charges

Desai mentioned that Adani Energy’s mission being coal-based, it was not in a position to generate electrical energy at full capability because of the sudden improve within the costs of imported coal from Indonesia. In view of this, the state authorities constituted a excessive stage committee. After accepting the suggestions of the committee in a decision dated December 1, 2018, the federal government accepted the rise in energy buy charges with some modifications.

Calcutta Excessive Court docket asks Mamta Banerjee authorities this query in Adani Energy’s energy mission case Supplementary Settlement on December 5, 2018

As per the knowledge, a supplementary settlement was entered into with Adani Energy on December 5, 2018, which was accepted by the Central Electricity Regulatory Fee by issuing an order on April 12, 2019. He mentioned that one other revision in energy buy charges with Adani Energy was executed within the 12 months 2021 on rising coal costs within the worldwide market. He mentioned that a lot of the energy crops depending on imported coal weren’t in a position to function at capability because of the excessive international coal costs. He mentioned that in such a state of affairs, the central authorities had directed these crops to provide at full capability.

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