Andhra Pradesh will invest a whopping Rs 30,000 Crores on power transmission and distribution
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Andhra Pradesh authorities have decided to invest around Rs 30,000 Crores to strengthen transmission and distribution network in the next four years to meet energy demands."Apart from this, APGENCO is contemplating to enhance additional generation capacity of 3,850 MW by making investments of Rs 17,340 Crore in the same period," according to the State
"The utilities would not hesitate to blacklist the erring power contractors if there are any deviations in execution of projects," SECM quoted K Vijayanand, MD of APGENCO and CMD of APTRANSCO, as saying in a statement.
The power demand in the state is expected to increase with investments and capital region development and Vijayanand has asked the officials to keep that in mind.
Andhra Pradesh Power Generation Corporation (APGENCO) has drawn a plan to increase the state’s installed capacity from the existing 11,037 MW to 29,800 MW by March 2019.
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(Image credit: Indiatimes)
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