A.P. Chief Minister Sets Power Purchase Cost Target at ₹4 per Unit

In a recent statement, N. Chandrababu Naidu emphasized the importance of financial stability in power utilities, advocating for improved management practices and systemic reforms rather than relying on increased tariffs. Naidu, a prominent political figure and former Chief Minister of Andhra Pradesh, expressed concern that higher tariffs could place an additional burden on consumers, especially during challenging economic times.

He underscored the need for a holistic approach to reforming power utilities, which involves enhancing operational efficiency, adopting advanced technologies, and implementing transparent governance structures. Naidu pointed out that effective management could lead to reduced costs and improved service delivery, ultimately benefiting both the utilities and their customers.

Naidus comments come at a time when many states are grappling with the financial viability of power sector reforms, which include issues such as rising debts and inadequate revenue collection. By focusing on management and reform, Naidu believes that utilities can achieve long-term sustainability and reliability in electricity supply without compromising customer affordability.