THIRUVANANTHAPURAM: Although Adani is 'hated', Adani's power is more than welcome as far as the state government is concerned. Though opposition leader Ramesh Chennithala had criticized the Adani power deal, the deal is profitable for Kerala. However, some argue that the government should not have bought power from Adani.
These are the allegations made by Chennithala: (1) Government's anti-Adani stance is a scam (2) An agreement was signed to buy 300 MW of power for 25 years at a rate of 2.82 units so that Adani can make a profit of Rs 1,000 crore (3) People are overburdened by the increase in electricity charges (4) If power was purchased due to non-conventional electricity liability, the government could have opted to buy Renewable Energy Certificate at a rate of ₹1 per unit. But that option was overlooked.
At the same time, experts say that the allegations, except for the first, do not agree with the facts for technical reasons. It is the policy decision of the Left Front not to deal with Adani. The government's signing of the agreement with Adani cannot be justified by concealing this policy decision. It was also pointed out that the argument that the government did not know is not valid. The additional burden of buying electricity will then have to be passed on to the people as an increase in charges.
Meanwhile, experts say that the allegation that power was illegally purchased by the KSEB from the Adani group is not true. There are two types of renewable energy liability. Solar and non-solar. This means that buying wind power is not mandatory. If solar power is available at a cheaper rate, the obligation can be met by purchasing solar power without buying wind power. But Adani's power unit has the lowest rate of Rs 2.82 Unlike other contracts, Adani's contracts have the benefit of no fixed charge.
Purchase of electricity-Rates per unit
Power situation in the state