Govt Andhra Pradesh Power Generation Corporation Limited (APGENCO) Jobs 2024 - Sarkari Naukri

When APSEB came into existence in 1959, APSEBstarted functioning with the objectives of maintaining the power sector efficiently and economically simultaneously ensuring demand meets the supply.

During the last decade inadequate capacity addition and low system frequency operation of less than 48.5 Hz for more than half a decade considerably reduced the power supply reliability.

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'sgradually worsened the financial position of APSEB.

Government of Andhra Pradesh realizing the declining tendency of the financial position of APSEB and considering the Government of India's Liberalized policy for attracting private investment into power sector, set up a high level committee in January 1995 to look into present working of the APSEB and suggest remedies for improvement. The committee after detailed deliberations with all the concerned and critical analysis submitted the report in which it suggested some recommendations.