4 months ago
2
Centre for Liberty (CFL) Chairman A.B. Venkateswara Rao alleged superior fiscal irregularities successful procurements done by the A.P. Southern Power Distribution Company Limited (APSPDCL).
In a ailment which volition beryllium submitted to the A.P. Electricity Regulatory Commission (APERC) present connected Thursday, Mr. Venkateswara Rao stated that excess payments for transformers caused a full avoidable nonaccomplishment of astir ₹14.65 crore, and the SPDCL awarded contracts to circumstantial vendors connected information ground alternatively of an unfastened and transparent tender process.
Mr. Rao besides alleged the inferior paid importantly higher prices than neighbouring States successful the acquisition of Star-2 transformers and ordered costly Star-5 transformers for cultivation use, which provides nary payment for cultivation powerfulness proviso patterns.
He requested the APERC to disallow those costs mentioned by the SPDCL successful its Annual Revenue Requirement (ARR) filing for 2026-27 and bid an investigation.
