APGenco to commission 10 projects in 2 years

New projects will add 3,946 Mw to Genco’s existing capacity of 8,088 MwAndhra Pradesh Power Generation Corporation Limited (APGenco) is currently executing 10 power projects, which are scheduled to be commissioned in the next two years.

The projects under construction include five thermal and an equal number of hydel power plants involving an investment of Rs 20,030 crore. They will together add 3,946 Mw to the Genco’s existing installed capacity of 8,088 Mw. According to principal secretary (energy) Suthirtha Bhattacharya, of the 10 projects, the 500 Mw Kakatiya thermal power project (TPP), set up at a cost of Rs 2,960 crore, was already synchronised on March 31, this year.

Genco director (finance), D Prabhakar Rao, said all the 10 projects were being funded by the Power Finance Corporation, Rural Electrification Corporation, internal accruals of Genco and loans from banks.APGenco, the largest power generating company in the state, has embarked upon a massive capacity addition programme of 16,865 Mw during Ninth and Tenth Plan periods. It has so far executed three projects and added 1,037 Mw.

In the current year, Transco expects that the power shortage will be in the range of 6 million to 28 million units a day. It is planning to purchase power from traders and exchanges to reduce the deficit.