CM speech: Jagan justifies reworking of PPAs at US Chamber of Commerce meeting
Addressing the business delegates at the US Chamber of Commerce meeting at Washington DC in the USA, Chief Minister YS Jagan Mohan Reddy has justified reworking of PPAs in Andhra Pradesh. He informed them that he cannot offer electricity to industries at a cheaper cost if power generation cost is high. The Chief Minister spoke about the advantages of setting up industries in Andhra Pradesh. He stressed on political stability, a long coastline, ports and airports. Jagan also spoke about honesty and transparency while doing business.