The Andhra Pradesh government has urged the Centre to extend immediate financial assistance to the State’s beleaguered power sector, which is facing severe financial crisis.
The sharp drop in power consumption and revenue collections and the increasing burden of paying fixed charges to power generators during the nationwide lockdown has driven the State power sector into a crisis.
Official deputed
The Centre has nominated Aniruddha Kumar, Joint Secretary, Union Ministry of Power, to coordinate with the AP government.
According to officials, electricity consumption has fallen by 20 per cent and the revenue collection is down nearly 80 per cent. With the lockdown in force, it is estimated that there will be a reduction of 3,200 million units (MU) in electricity consumption and a loss of ₹2,500 crore in revenue collections during the first quarter (April to June-2020).
