Adani Group denies selling power to Gujarat at exorbitant rate

New Delhi: The Adani Grouptoday dismissed Congress’ allegation of charging exorbitant electricity tariff in Gujarat, saying it sold powerto the state at a “very attractive” price of Rs 2.65 per unit over the last four years.

Adani Power Ltd sells electricity to Gujarat under long term power purchase agreements, entered through competitive bidding and duly approved by Regulatory Commission, a group spokesperson said.

“The allegations made by a political spokesperson regarding higher costs of Adani Power’s electricity supply to Gujarat’s distribution companies are factually incorrect and misguiding,” the spokesperson said in an emailed statement.

Adani Power, it said, offers one of the cheapest power supplies, and went on to list the price charged in last four years — Rs 2.71 per unit in 2013-14, Rs 2.64 in 2014-15, Rs 2.57 in 2015-16 and Rs 2.67 a unit in 2016-17.

“The actual average rate of power supply to Gujarat utility from Adani for the last four years has been very attractive at Rs 2.65 per unit (kwh),” it said.

Congress Spokesperson Randeep Surjewala had yesterday alleged that the BJPgovernment in Gujarat had let Adani, Essar, Tata and China Light Power “squander” Rs 26,000 crore of the public exchequer by purchasing electricity from them at “unimaginably high rates” in a “huge power purchase scam”.

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