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AP Genco expansion projects to be given Rs. 4,071 cr equity

The Andra Pradesh government is making a good move of empowering the power sector both financially and technically. It will provide Rs. 4,071 crore equity to AP Genro projects coming up at Vijayawada, Kothagudem and Krishnapatnam thermal power stations.

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AP Genco

The government also holds a seminar on Commercial Aspects of Managing Power Utilities in Southern States. This three day seminar was inaugurated by M. Sahoo, Principal Secretary of Energy. This seminar will surely be of big help for the technical aspect of the power sector.

A lot of companies would surely gain useful inputs on this seminar. The government is also providing annual subsidy of Rs 5,000 crore to power utilities giving them the financial boost in doing their operations and also with their maintenance.

With the efforts of the government and private companies, power sector of the country will not have any problem soon. It will now be able to meet the demands of the growing and developing country of India.

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