Punjab Finance Minister Manpreet Singh Badal has revealed the details of the solar power deal in Punjab in support of opposition leader Ramesh Chennithala’s allegation that the Pinarayi government had struck a deal to buy power from the Adani Group at a high price. In Punjab, a solar power unit costs Rs 1.99. In Kerala, the contract with Adani is at Rs 2.90 per unit. KSEB has signed a contract of `Rs 2025 crore.
He said in a press conference that there is a mystery in the Kerala government’s purchase of electricity at high prices. A series of mysterious transactions are taking place in Kerala. The economic situation of Kerala has collapsed. Every citizen of Kerala is indebted to the tune of lakhs of rupees. In 2015-16, the GSDP growth rate was 7.44 per cent. In 2019-20, it dropped to 2.45 per cent. In Punjab, the GSDP rate has risen to 11 per cent.
The situation in Kerala was deplorable when other states grew from seven to eight. There is no answer to how to solve the fiscal deficit. He said it was gross misconduct on the part of the rulers.
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