Andhra Pradesh govt reboots power sector with management overhaul

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The Andhra Pradesh government has replaced the directors of all five of the state’s debt-ridden power utilities in a move to improve the electricity sector’s finances.

The state’s power utilities posted a cumulative debt of ₹1.12 trillion in FY24, up 79 per cent, or ₹49,596 crore, from ₹62,826 crore in FY19.

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Category: BusinessFinance

Markets: India

Topics: Andhra Pradesh government Renewable energy policy Power Sector TDP N Chandrababu Naidu Andhra Pradesh Renewable sources

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 00:09:42 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 136 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28372488

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