Impressed with the sustainable activities of the Andhra Pradesh power sector in recent times towards achieving overall economic development of the State and generation of employment, and providing quality power supply to the public, the Union Ministry of Power has assured unstinted support to AP in its endeavour to become a model State in the power sector in the country.
As part of this initiative, the Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) have agreed in principle to extend huge loans of around Rs. 7,842 crores for the major power projects of Dr. NTTPS Stage V (1 X 800MW) and DSTPP, Krishnapatnam Stage II (1 X 800 MW) respectively.
During a teleconference, Chief Minister N Chandrababu Naidu directed Ajay Jain, Secretary, Energy (FAC); K Vijayanand, MD/APGENCO & CMD/APTRANSCO (camping at Krishnapatnam); and Munidra, Spl. Secretary, Energy; to take all possible steps for expediting the works of above power projects since getting addl. generation is the need of the hour for the State.
The Chief Minister reiterated that the Centre had given full assurance for strengthening the power sector in AP, which is the backbone of the economy of the State. Union Minister of Power Piyush Goel assured the AP State government of allotment of additional wagons for supply of coal through NTPC to AP which would help generate 500 MW of additional power in the next 2 to 3 months.
The Centre will also favourably consider declaring AP as a pilot project in enabling the supply of quality power to both industries and houses on a 24x7 basis.
Ajay Jain apprised the Chief Minister of the power supply position, and informed him that maximum efforts would be made to complete the above major projects in time to meet the power demand. (INN)