Andhra Pradesh purchased 1,047.78 million units power in April
POWER & RENEWABLE ENERGY

Andhra Pradesh purchased 1,047.78 million units power in April

Andhra Pradesh Government paid Rs 36.24 crore in March and Rs 34.08 crore in April as an average cost in electricity procurement per day. To solve the power crisis in the state, it bought 1,268.69 million units power in March, for Rs 1,123.74 crore, while in April, the state purchased 1,047.78 million units power for Rs 1,022.42 crore.

In order to cater the rising demands, the state has announced agreements with Solar Energy Corporation of India to procure 45 mu power in three phases in three years: 18 mu in first and second phase each, and nine mu in the third.

The state government has directed the AP GENCO-run plants with maximum efficiency and ensure the plant load factor capacity to run at 85 percent, so that quality power can be given at low cost.

As per reports the state has also started the pilot phase of the agricultural connections scheme to cater the power situation, the direct benefits transfer (DBT) which was successfully implemented in Srikakulam district. Under the DBT, the government deposits the entire amount towards electricity bills in farmers’ accounts, which will then pay for the power utilities.

In 2020-21 fiscal year, 101.51 million units were consumed by 26,083 individual connections in the district; in 2021-22, the number of connections increased to 28,393, but the power consumption was only 67.76 million units. According to officials, the remaining amount was saved due to reforms in the power sector and the DBT scheme.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Andhra Pradesh Government paid Rs 36.24 crore in March and Rs 34.08 crore in April as an average cost in electricity procurement per day. To solve the power crisis in the state, it bought 1,268.69 million units power in March, for Rs 1,123.74 crore, while in April, the state purchased 1,047.78 million units power for Rs 1,022.42 crore. In order to cater the rising demands, the state has announced agreements with Solar Energy Corporation of India to procure 45 mu power in three phases in three years: 18 mu in first and second phase each, and nine mu in the third. The state government has directed the AP GENCO-run plants with maximum efficiency and ensure the plant load factor capacity to run at 85 percent, so that quality power can be given at low cost. As per reports the state has also started the pilot phase of the agricultural connections scheme to cater the power situation, the direct benefits transfer (DBT) which was successfully implemented in Srikakulam district. Under the DBT, the government deposits the entire amount towards electricity bills in farmers’ accounts, which will then pay for the power utilities. In 2020-21 fiscal year, 101.51 million units were consumed by 26,083 individual connections in the district; in 2021-22, the number of connections increased to 28,393, but the power consumption was only 67.76 million units. According to officials, the remaining amount was saved due to reforms in the power sector and the DBT scheme.

Next Story
Infrastructure Transport

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Next Story
Technology

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Next Story
Real Estate

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement