Accord signed on power system improvement

By Our Special Correspondent

HYDERABAD, JAN. 31. The AP Transco has secured an aid of Rs.1,100 crores from the Japanese Study Group on Power Development for India for improvement of distribution and transmission systems covering different areas of the State.

An MoU to this effect was signed here on Wednesday by Mr. Hiroshi Matsumura, chief representative of the Japanese Group, and Mr. P. Ramakantha Reddy, AP Transco's CMD. Mr. V.S. Sampath, Energy Secretary, Mr. J. Parthasarathy, AP Genco CMD, Mr. D. Prabhakara Rao, Mr. M. Gopalachary and Mr. T.R.C. Bose, its directors for Finance, Transmission and Projects, were also present.

The signing followed an extensive study by the Group on the technical and financial support required by AP Transco for the system improvement. The aid covers power system improvement in Hyderabad, laying of 400-kv transmission lines to evacuate power expected from the NTPC's Simhadri Project (1,000 MW), Visakhapatnam, the one coming up at Ramagundam (500 MW) and the gas-based plants planned in the Godavari-Krishna basin (about 2,000 MW) and the scheme taken up to improve inter-State distribution lines.

Mr. Ramakantha Reddy said the State ranked first in power sector reforms which were in full swing with the objective of supplying quality power. In the context of this goal, the present assistance aimed at system improvement would be of immense use.

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Section  : Southern States
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