Rs 3,300 crore for power sector as Atmanirbhar loan

VIJAYAWADA: The Union Government on Monday assured to release Rs 3,300 crore to Andhra Pradesh power sector under the second tranche of Atmanirbhar loan. A delegation of AP State Energy Secretary Srikanth Nagulapalli and APGenco Managing Director G Saiprasad met Union Minister for Power, New and Renewable Energy RK Singh in New Delhi, seeking release of funds to take forward the power reforms in the State. The Union Power Ministry was all praise for AP Chief Minister YS Jagan Mohan Reddy for showing the way to other States in introducing DBT for free power scheme, which will empower farmers and strengthen Discoms financially, officials said.