Energy minister K Kala Venkata Rao said that his department is carrying out an exercise to reduce the electricity charges to fulfill the assurance made by Chief Minister N Chandrababu Naidu.
The availability of 4,000 MW solar and wind power came as a boon to the State’s power generation, which has now reached a stage of 11 per cent surplus, he stated.
He said that the officials were discussing with bankers for reduction of interest rate on the borrowed loans, as it will reduce the burden on the department.
Similarly, measures are being taken to collect the dues from various government departments which are pending for several years, he said.
Keeping in view the huge demand for power in the coming days as several industries are going to be established in the Capital Amaravati and the agricultural needs, measures are being taken for increase the power generation, the Minister said. Principal Secretary Ajay Jain and other officials were present.