VIJAYAWADA: After passing the order on the true up charges for the third control period (2014-15 to 2018-19) for retail supply business, the Andhra Pradesh Electricity Regulatory Commission (APERC) will take up the petition filed by the Transmission Corporation of Andhra Pradesh Ltd (APTRANSCO) for determination of true-up charges for transmission business for the same period.
The state-owned transmission corporation has prayed for approval of Rs 528.71 crore as the true up charges.According to the petition filed by APTRANSCO, there was a deficit of Rs 528.71 crore of the aggregate revenue in the third control period. While the aggregate revenue requirement for transmission business was Rs 7,183.26 crore, the total revenue realised stood at Rs 6,654.55 crore. The reasons for the deviation in the revenue were increase in the operation and maintenance expenses, reduction in revenue due to subsidies extended to solar/wind/hybrid projects, revision of pay scales to employees, , increase in wages of outsourcing employees, and others.
