AP Electricity Regulatory Commission (APERC) Chairman Justice C.V. Nagarjuna Reddy said that a financially weak DISCOM not only affects consumer services but would also have an adverse impact on the economy.
In his message to the power sector stakeholders on the eve of the completion of the online public hearings on the DISCOMs’ annual revenue requirement and tariff filings for the 2022-23 financial year, Justice Nagarjuna Reddy observed that there was a need to balance the interest of consumers and DISCOMs and to focus on improving their financial stability and operational efficiencies.
He said protection of the consumers’ interests and strengthening power utilities were the two major objectives of the commission, and as power utilities in the State faced severe financial crisis, APERC felt that it was high time for the consumers and other stakeholders to support the DISCOMs to enable them to provide reliable, quality power.
