Energy Minister Gottipati Ravi Kumar States YSRCP Incurred ₹1.29 Lakh Crore in Legacy Losses for DISCOMs

The Minister announced that the coalition government has successfully reduced the power purchase cost to ₹4.90 per unit. Additionally, the government has implemented measures aimed at decreasing transmission losses to 7% by the year 2024.

These initiatives are part of the governments broader strategy to enhance the efficiency of the power sector and reduce energy costs for consumers. Lowering the power-purchase cost is expected to have a positive impact on electricity bills while improving the overall sustainability and reliability of energy supply. Furthermore, efforts to minimize transmission losses could lead to better resource utilization and increased capacity for renewable energy integration. The government aims to maintain these advancements in order to foster economic growth and support the energy needs of the population.