VIJAYAWADA: While the state government has repeatedly claimed accrual of monetary savings of over Rs 1,000 crore by procuring cheaper power from spot markets, an analysis by the Andhra Pradesh Electricity Regulatory Commission (APERC) revealed that the state distribution companies (Discoms) went for market procurement without using available units in the state with lower variable costs. Noting that utilising lower variable cost units available could have resulted in a potential savings of Rs 48.14 crore (between December, 2020, and January, 2021), the commission directed the Discoms to submit reasons for procuring from the markets.
