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White Paper on power agreements ready: Punjab CM

By IANS
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Chandigarh, March 3 (IANS) Punjab Chief Minister Amarinder Singh on Tuesday announced while the draft White Paper on power purchase agreements (PPAs) signed by the previous government was ready, more work was needed on it before tabling it in the House.

Intervening during the debate on the Budget in the Assembly, the Chief Minister, while waving the draft document, said his government was committed to ensuring more affordable power to domestic consumers while continuing with the subsidies for farmers and industry.

The existing PPAs needed to be thrashed out in detail for this purpose, he added.

The Chief Minister had in January announced his government’s intention to bring out a White Paper to expose the alleged fraud committed by the Akalis in signing the PPAs with private players during their regime.

The PPAs, he had said, would reveal all documents signed by the previous SAD-BJP regime on PPAs, as well as the power plants set up by them, causing undue burden on the state.

–IANS

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(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
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