VIJAYAWADA: The Andhra Pradesh Electricity and Regulatory Commission (APERC) has constituted an expert committee to come up with a methodology to be followed for approval/ratification of short-term power procurement.
The development comes in the wake of several stakeholders and public organisations objecting power procurement from market by the distribution companies (Discoms) despite AP being a power surplus state.
The objective of the study is to help reduce the overall power purchase cost, which account for 80 per cent of the aggregate revenue requirement (ARR) of the power companies, to the maximum extent possible, ultimately benefiting the consumers by way of reasonable tariffs besides ensuring that Discoms’ interests are protected.
