In recent months, APGenco has saved about 190 crores of coal transport through the ‘reverse tendering scheme.’ Expenditure on the transport of washed and raw coal has decreased by almost half, according to the official statement.
The cost of transporting coal to Rayalaseema Thermal Power Plant was reduced to 1,027 per metric ton (MT) in fiscal year 2019-20, compared to 1,824 per metric ton (MT) in fiscal year 2014-2015. The cost for Sri Damodaram Sanjeevaiah Thermal Power Station in 2019-20 was 1.010 compared to 1.922 per MT in 2014-15.
In the meantime, coal stocks have increased since December 2019 due to the continued efforts of the AP-Genco. Stocks at power plants as of 8 June are as follows: NTTPS-4,63,110 MT; RTPP-4,68,620 MT; SDSTPS-6,28,030 MT (total 4,70 lakh MT of washed coal plus 1,58 lakh MT of imported coal).
Subsidy arrears
The State Government released 17,904 crore in the 2019-20 fiscal year for the clearing of subsidies arrears and departmental charges payable to the Discoms. Out of the subsidy arrears of 13,391 crore which were pending as of March 31 , 2019, the Government released arrears of 8655 crore in 2019-20 and arrears of 9,249 crore for grant declared in 2019-20.
In turn, the Discoms released 20,384 crore to clear the electricity generator bills as of March 31 , 2019, which had been pending for one year.
The Discoms cleared bills of 34,384 crore in 2019-20 and were able to secure loans from scheduled banks and other financial institutions to clear the government guarantee fees.
