Andhra Pradesh Power Generation Corporation Limited
 |
|
| Government-owned Corporation-PSU | |
| Industry | Electricity generation |
| Founded | 1998 |
| Headquarters | Hyderabad, India |
|
Key people
|
S.V.Prasad Chairman,K Vijayanand Managing Director |
| Products | Electricity |
| Total assets |
 INR 17,344 crore (2008) or USD 3.5 Billion |
| Total equity |
INR 2,117 crore (2008) or USD 500 Million |
|
Number of employees
|
10889 (2008) |
| Website | http://apgenco.gov.in/; http://appower.ap.gov.in/ |
Andhra Pradesh Power Generation Corporation Limited is power generating organization in Andhra Pradesh. It undertakes operation and maintenance of the power plants and also setting up new power projects alongside upgrading the project's capacity.Under the recommendations of Hittenbhayya committee setup by TDP Govt..
History
The government reforms in power sector led to the formation of APGENCO on 28 December 1998 and commenced operations from 1 February 1999. The imbalance of the revenues against the cost of production, no significant reduction in technical losses and energy thefts, high cost purchases from IPP's, other SEB's gradually worsened the financial position of APSEB.
Government of Andhra Pradesh realizing the declining tendency of the financial position of APSEB and considering the recommendations made by committee it was unbundled into Andhra Pradesh Power Generation Corporation (APGENCO) & Transmission Corporation of Andhra Pradesh Limited (APTRANSCO) on 1 February 1999 by AP Electricity REFORMS ACT.
APTRANSCO was further unbundled w.e.f. 1 April 2000 into "Transmission Corporation" and four "Distribution Companies" (DISCOMS). From Feb 1999 to June 2005 APTransco remained as single buyer in purchasing and selling of power to DISCOMs.
Later, on 2 June 2014, when the state was bifurcated, APGENCO distributed all the assets, liabilities and power stations to both the states and Telangana Genco (TSGENCO) was formed for the newly formed Telangana state and APGENCO remained for Andhra Pradesh in accordance with the Andhra Pradesh Reorganisation Act, 2014.
The total installed capacity of APGENCO, after the formation of TSGenCo is 4559.6 MW comprising 2810 MW Thermal, 1747.6 MW Hydro and 2 MW Wind power stations. The Power Plants of APGENCO include thermal, hydel and wind based plants.
Note: Simhadri Super Thermal plant (4x500 MW) and Damoadaram Sanjeevaiah Thermal Plant (2x800 MW) are not considered as they are not under the ownership of APGENCO.
Hydel projects (under construction)
Source: Power Stations of AP after bifurcation into APGENCO and TGGENCO
...
Wikipedia