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AP Transco once again seeks Centre’s approval to surrender costly power

Transmission Corporation of Andhra Pradesh (AP Transco) has so far written two letters to the secretary of Union ministry of power requesting to surrender the high cost thermal power. Initially, AP Transco wrote on October 11, 2019, seeking permission to surrender the power allocated by the Centre for two plants – NTPC Kudgil and NTECL Vallur — citing ‘dismal operational performance’ causing overall per unit cost of power surging to Rs 10 per unit.The chairman and managing director of AP Transco once again wrote to the Union secretary on May 14, seeking permission to surrender 625 mega watts of thermal power allocation made to the state as part of JNNSM-Phase-II bundled power scheme citing ‘current financial distress’ due to Covid-19.Justif.....

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