Public Sector

Govt. has no plan to hand over RTPP to NTPC, says Srikant

Govt. has no plan to hand over RTPP to NTPC

Govt. has no plan to hand over RTPP to NTPC, says Srikant

Govt. has no plan to hand over RTPP to NTPC, says Srikant – Energy Secretary N. Srikant on Thursday asserted that the govt had no decide to hand over the Rayalaseema Thermal power station (RTPP) to the NTPC which it had communicated in writing its opposition to the Electricity (Amendment Bill), 2020.

Energy Minister Balineni Srinivasa Reddy had already mentioned that the government wanted to possess the facility utilities within the public sector (PSU) to safeguard the interests of the customers & employees, Mr. Srikant reported.

Subsidy arrears

In a review meeting with the officials, Mr. Srikant said that out of the subsidy arrears of ₹13,391 crores pending disbursal to the Discoms as of March 31, 2019, the govt released ₹8,655 crores in 2019-20 and ₹9,249 crores towards the subsidy announced in 2019-20 and other charges.

The govt also released ₹20,384 cr to the Discoms for clearing the facility generator bills pending as of March 31, 2019. The entire bills cleared by the Discoms amounted to ₹34,384 crores in 2019-20.

Mr. Srikant further said the govt intended to line up the 10000 MW solar energy plant to make sure free power supply to the agriculture sector for the subsequent 30 years. it might be bearing the whole expenditure because it didn’t want to impose a fresh burden on the ailing utilities.

“The govt has recruited 7,000 junior linemen & 172 assistant engineers to provide quality services to the customers,” Mr. Srikant mentioned.

AP-Transco Joint Managing Directors K. Sreedhar Reddy and K. Venkateswara Rao and CMDs of Dsicoms S. Naga Lakshmi, H. Haranatha Rao, and J. Padma Janardhana Reddy were among those present.

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