Union Power Ministry approves Andhra Pradesh’s request to de-allocate 125 MW ‘costly’ coal power
VIJAYAWADA: In what could help the beleaguered power sector in financial optimisation, the Union Ministry of Power has approved the request of the State government to de-allocate 125 megawatts (MW) coal power allotted to the State from the NTPC for bundling with solar power under the National Solar Mission (NSM).
Energy secretary Srikant Nagulapalli said that with this, the cash-strapped Discoms will save Rs 191.6 crore per annum in payment of fixed costs.
