Energy minister Balineni Srinivasa Reddy asked officials to take up short term and long term measures in order to strengthen the power sector, as it could turn into a nightmare if the government does not take immediate measures to protect it. Addressing a teleconference with officials here on Sunday, Balineni said that chief minister Jaganmohan Reddy has directed officials to initiate major exercises to get the power sector out of crisis and strengthen the sector in order to provide better services to the people.
“The chief minister is determined to strengthen APGenco, the public sector power generation utility to meet the electricity requirements and provide cost-effective power. The high-level committee has been appointed to review the power purchase agreements is working hard to explore ways in order to save huge public money to the state exchequer,” said the energy minister. Read More
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