current prices 07082017

Chief Minister Chandrababu Naidu on Sunday directed officials of the energy department to prepare a comprehensive short-term action plan for 2 years and 4 years along with a long-term plan for eight years and finally, 25 years to provide power supply of the best quality at affordable prices.

In a brief interaction with top-level power Sector officials during a tele Conference on the impact of global technologies in areas of Solar, Wind and energy efficiency, ahead of a high-level meeting On August 8, the Chief Minister asked the officials to work out the strategy in such a way that it ensures economic sustainability for a minimum of 25 years to any entrepreneur/multinational companies which Wants to establish mega industries in state.

He observed that with pro-consumer policy of the AP State Regulatory Commission's, overall 98 per cent of the consumers are exempted from tariff hike. He said his government is firm in its resolve to provide the fruits of second phase power sector reforms to the consumers, by not putting a single paise burden on the public in the forthcoming electricity tariff (2018-19) revision.

Naidu told the officials that he strongly believed that a minimum of Rs.2,000 crore could be saved from Cost reduction mechanism and better practices in the areas of generation, transmission, distribution, and power purchases among others and reduce revenue deficit.

Minister for Energy K Kala Venkata Rao was asked to ensure 100 per cent involvement of people by ensuring public participation and creating awareness programmes with regard to second phase of power sector reforms.

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Naidu’s Action Plan to Reduce Power Prices Last Updated: 07 August 2017

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