Former Minister and Politburo member of Telugu Desam Party Somireddy Chandramohan Reddy criticised the YSR Congress Government for buying power transformers for exorbitant rates from select manufacturers, especially Shirdi Sai Electricals.<\/p>\n
During a power point presentation on unprecedented price escalation in the cost of transformers after YSRC came to power, he produced rates of transformers in Telangana and Andhra Pradesh during 2022-23 while comparing them with the rates during TD regime in 2018-19 to justify his allegations.<\/p>\n
According to Chandramohan Reddy, the price of 25 KVA transformer shot up to Rs. 1,78,800 during YSR Congress regime (2022-23) from mere Rs. 58,569.30 during TD regime in 2018-19, which is an increase of 305 percent leading to an escalation of Rs. 1,20,230.<\/p>\n
Incidentally, the Telangana government had purchased the 25 KVA transformers for only Rs 79,829 each during 2022-23, which reflects a price difference of Rs 98,971, the percent of escalation is 223.98%.<\/p>\n
Similarly, the 63 KVA transformer is being purchased for 2,81,000 by YSRC government while the rate during TD regime was Rs 89,892 only, leading to an escalation of Rs 1,91,108 and the percentage of escalation is 312.60%. Telangana is procuring the same for Rs 1,22,936, a price difference of Rs 1,58,064 and percentage difference of 228.57%.<\/p>\n
In case of 100 KVA transformers, the cost was Rs 1.20 lakhs per unit during TD regime and the present AP government is buying for a whopping Rs 3.58 lakhs, a price difference of Rs. 2.38 lakhs and the percentage of increase is 297.56%.<\/p>\n
In case of Telangana, the present price is Rs 1,86,505, a difference of Rs 1,71,495 and the percentage of escalation is 191.95%.<\/p>\n
Similarly, the 160 KVA is being purchased for Rs. 6,36,000.01 now as against Rs.2,00,790 during TDP rule, a price difference of Rs.4,35,210 and the percentage of increase is 316.75%. Incidentally, Telangana procuring the same for Rs. 3,13,533, a price difference of Rs. 3,22,467 and percentage of escalation is 202.85%.<\/p>\n
With regard to 315 KVA transformers, the price difference during TD regime and YSRC rule is mind boggling. While YSRC government is buying Rs 16, 75,000 as against Rs 5,71,252 during TD regime, the price difference is Rs.11,03,748 and percentage escalation is 293.22%. The price of this transformer in Telangana is Rs. 8,60,277, a difference of Rs. 13,61,467, a percentage increase of 194.70%.<\/p>\n
The senior TD leader demanded an explanation from the government for buying the transformers from select manufacturers based in Telangana and AP ignoring reputed firms across India. He charged that these manufactures formed a ring and jacked up the prices of transformers abnormally following the intervention of YS Jaganmohan Reddy.<\/p>\n
The icing on the cake is that MD of Shirdi Sai Electricals, Visweswar Reddy also hails from Pulivendula. He alleged that lion share of transformers are being purchased from Shirdi Sai Electricals while pointing to orders worth Rs 673 Cr (62.21 percent of total order) placed with the firm. This kind of orders on a single firm has never happened in the history of Discoms in India and beats all records.<\/p>\n","protected":false},"excerpt":{"rendered":"
Former Minister and Politburo member of Telugu Desam Party Somireddy Chandramohan Reddy criticised the YSR Congress Government for buying power transformers for exorbitant rates from select manufacturers, especially Shirdi Sai Electricals. During a power point presentation on unprecedented price escalation in the cost of transformers after YSRC came to power, he produced rates of transformers […]<\/p>\n","protected":false},"author":2,"featured_media":283156,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[65300,5035,5657],"acf":[],"yoast_head":"\n