AP To Invest Rs 30,000 Cr In T& D Network In Next 4 Years
09 July, Hyderabad
In order to meet the future energy requirements and peak demand of Andhra Pradesh which is likely to increase substantially due to future investments and capital region development, the power utilities have decided to expedite the ongoing projects by investing around Rs.30,000 crore in strengthening the Transmission and Distribution (T&D) network in the next four years.
Apart from this AP GENCO is contemplating to enhance additional generation capacity of 3850 MW by making investments of Rs.17,340 crore in the same period.
Speaking at the brainstorming session with the Directors and Senior Engineers of Transmission and Distribution sectors, APGENCO Managing Director K Vijayanad stated that as per the directions of the Andhra Pradesh Government the utilities are contemplating to create a separate mechanism for Quality Assurance. T he Utilities will not hesitate to black list the default / erring power contractors if there are any deviations in execution of projects.
The CMD has instructed the officials to expedite the projects as the power demand is expected to shoot up.
APGENCO has drawn up action plan for increasing the installed capacity of the state from existing 11,037 MW to 29,800 MW by the March, 2019 with a ideal generation mix of Coal, Hydel, Solar, Wind and other renewable energy sources to achieve most cost efficient power with self reliability, Mr Vijayanad added.