Hyderabad, April 12: Andhra Pradesh Power Generation Corporation Limited (APGenco), the state-run electricity generation company, is gearing up to add 3,750 mw power generating capacity in the 12th plan.
APGENCO, which is the third largest power generating utility in the country, said it would invest about Rs 18,750 crore to set up the additional power generation capacity over the next five years.
“Debt-equity component for the proposed investment would be in the ratio of 80:20. We don’t have any issue getting funds,” said K Vijayanand, managing director, of APGenco. Of the targeted power production capacity, more than 80 per cent would be coal-based, he said.
Currently, it has an installed capacity of 8,384.9 mw including 4,592.5 mw of thermal power, 3,790.4 mw of hydro and 2 mw wind power.
According to D Prabhakar Rao, joint managing director, APGenco, the company has taken up capacity addition programme of 17,292 mw with a total investment of Rs 98,406 crore.
Of this, eight projects with an installed capacity of 3,250 mw (Rs 17,856 crore) are under construction, six are in development phase and five are in conceptual stage.
Meanwhile during the recently concluded financial year, APGenco has commissioned the Kakatiya TPP stage I (500 mw), Rayalaseema TPP stage III (210 mw), two units of 39 mw each at Priyadarshini Jurala HEP (78mw) and unit 4 of Pochampad HES and thereby augmented its capacity by 797 mw.
The state utility achieved the highest power generation of 37,317 mu during 2010-11 since its inception surpassing the previous high of 33,502 mu achieved during 2008-09.
Thermal power stations also have registered an increase of 10.8 per cent in power generation at 29,446 mu during the year as against 26,565 mu achieved during 2009-10.
APGenco, which is the second highest in terms of hydro installed capacity, constitutes 56.1 per cent of the total installed capacity of 14,938.2 mw, while the remaining is contributed by Central generating stations and private sector.
It is foraying into renewable energy and is setting up wind and solar-based power plants to be commissioned by September this year.
–Agencies