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The Hindu
The Hindu
National
Special Correspondent

THE TRUTH ABOUT: State spent 33 000 crore annually on power purchase | History Defined

Power KPTCL Sunil Kumar Bharatiya Janata Party Escoms

Karnataka has been spending a whopping ₹33,000 crore on power purchase an average annually under Power Purchase Agreement (PPA), Power Minister Sunil Kumar informed the Legislative Council on Monday.

“All put together, KPTCL and Escoms have a debt burden of ₹38,973 crore till August end. This includes long-term and short-term loans taken for development works and power purchase,” the Minister, said replying to BJP member Bharathi Shetty.

Debt burden

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