Kerala leaders clash over GNA Energy power purchase deal

Kerala Chief Minister V. D. Satheesan and Leader of the Opposition Pinarayi Vijayan are engaged in a dispute regarding the state’s decision to purchase 500 MW of electricity through the GNA Energy digital platform.

Pinarayi Vijayan has accused the government of creating an artificial power shortage to facilitate the deal and has called for the release of all documents related to the GNA arrangement. He further alleged that GNA Energy is facing a SEBI investigation regarding potential insider trading and the leaking of sensitive information from the Central Electricity Regulatory Commission.

Chief Minister Satheesan has rejected these allegations, stating the decision was based on official records and the need to prevent power cuts. He disputed claims that Himachal Pradesh offered a cheaper rate of Rs 12.50 per unit, noting that the former KSEB chairman had not received a confirmed written proposal at that rate. Satheesan argued that the GNA platform provides more reliable supply during non-solar and peak-demand hours compared to the Himachal Pradesh proposal, which he claimed would exceed the state's price ceiling and increase financial burdens.