The Transmission Corporation of Andhra Pradesh (AP Transco) attempt to seek a true- up claim of Rs. 650 crore for future requirement was questioned by the AP Electricity Regulatory Commission (APERC) during public hearing here on Saturday. Commission Chairman Justice G. Bhavani Prasad and members wanted to know from the APTransco officials under what provisions they were seeking such claims.
The officials evaded a direct reply. True-up claim is the expenditure incurred by the utility over and above the Annual Revenue Requirement (ARR) approved by the APERC. AP Transco had claimed that it had made a provision for Rs. 650 cr under terminal benefits for its employees.
APERC says it need to strike a balance between interests of Discoms and consumers
