Jagan Reddy seeks PM Mody’s intervention to avert energy crisis
Jagan Reddy seeks PM Mody’s intervention to avert energy crisis
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Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy has sought Prime Minister Narendra Modi's urgent interference in the light of the alarming situation in the state due to unfolding energy crisis. Stressing his concern over the coal shortage and poor finances of power distribution conglomerates, he requested PM Modi to initiate remedial steps and monitor the power generation scenario on daily basis.

In a letter written to Narendra Modi, Jagan Mohan Reddy said it has become increasingly difficult for the state to meet the energy demand and the situation was pushing it towards load shedding. He said that given the state's precarious financial situation, it was not able to purchase the required power from the open market as the purchase prices have also shot up with growing demand.  He urged PM Modi to direct the Coal Ministry and the Railways to allot 20 coal rakes to thermal power stations in Andhra Pradesh.

The Chief Minister also sought revival of stranded and non-working pit head coal plants on an emergency basis regardless of the ongoing proceedings before the National Companies Law Tribunal. This will save the coal transport time and quantity limitations in coal transportation to non-pit head coal plants. He also urged Modi to direct banks/lending institutions to provide working capital loans liberally to distribution companies till the crisis is tided over in order to make coal payments and undertake market purchases.

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