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CPM Opposes Extra Power Payments, Seeks Smart-Meter Cost Probe

CPM Opposes Extra Power Payments, Seeks Smart-Meter Cost Probe
CPM opposes extra power payments, seeks probe into smart meter costs · thehansindia.com

The CPM asked Andhra Pradesh’s electricity regulator not to approve some extra power payments.

One company, HNPCL, wants more money for electricity supplied by its Visakhapatnam plant.

The request covers power supplied from August 2022 to March 2024.

Another petition concerns surplus electricity bought through a central pool.

The CPM also wants an investigation into the cost of smart meters for farm pumps.

Ch Babu Rao said a company linked to the earlier meter project could receive about Rs 2,500 crore.

He also said APSPDCL has already paid Rs 764.97 crore.

The companies and government did not provide a response in the report.

Key facts

Regulator
Andhra Pradesh Electricity Regulatory Commission (APERC)
HNPCL plant
A 1,040-MW thermal plant in Visakhapatnam
Claim period
August 2022 to March 2024
Proposed compensation
About Rs 2,500 crore to Wish Renewable Ltd, according to Babu Rao
Reported payment
Rs 764.97 crore allegedly paid by APSPDCL, including liquidated damages and meter-related costs
Earlier payments
More than Rs 1,200 crore allegedly paid under successive governments for HNPCL claims
Hearing chair
In-charge APERC chairman C V R Reddy

Sources

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