Thiruvananthapuram, Nov. 11 -- Kerala Chief Minister V.D. Satheesan on Wednesday alleged that attempts were made to create panic over an impending power shortage and pressure him into approving expensive electricity purchase agreements, asserting that he would not sign any deal without thoroughly examining its financial implications.
He said an initial assessment by the Kerala State Electricity Board (KSEB) had warned of severe power shortages from November 1, projecting an alarming situation that required immediate procurement decisions. However, a subsequent assessment by a new team of officials presented a different picture, prompting questions about the basis of the earlier warning.
The Chief Minister alleged that the initial report w...