Rural Electrification Corporation CMD Rajeev Sharma along with GENCO CMD D. Prabhakar Rao called on the Chief Minister at Secretariat today.
The REC CMD assured the Chief Minister to fund Rs 20,000 crores for the projects of Telangana GENCO, TRANSCO and distribution companies. To the suggestion from the CM, Rajeev Sharma agreed to fund all the GENCO Projects. The Chief Minister also discussed the power scenario with both of them.
He told the GENCO CMD that the present available production capacity of less than 5000MW needs to be increased through long-term, short-term and medium-term strategies.
The GENCO CMD told the Chief Minister that the State would get 2800 MW of additional power by the end of next year from three sources i.e. from Bhupalpally 600MW of GENCO, from Jaipur in Adilabad 1200 MW of Singareni and 1000 MW of Central Station totaling 2800 MW will be made available. He told the CM that when this is made available, the deficit will be overcome and the extra power that is likely to be generated in future will become surplus.
Principal Secretary to CM S. Narsing Rao, Principal Secretary, Finance Nagi Reddy were present.
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