The government reforms in power sector led to the formation of APGENCO on 28 December 1998 and commenced operations from 1 February 1999. The imbalance of the revenues against the cost of production, no significant reduction in technical losses and energy thefts, high cost purchases from IPP's, other SEB's gradually worsened the financial position of APSEB.
Government of Andhra Pradesh realizing the declining tendency of the financial position of APSEB and considering the recommendations made by committee it was unbundled into Andhra Pradesh Power Generation Corporation & Transmission Corporation of Andhra Pradesh Limited on 1 February 1999 by AP Electricity REFORMS ACT.Later, on 2 June 2014, when the state was bifurcated, APGENCO distributed all the assets, liabilities and power stations to both the states and Telangana Genco was formed for the newly formed Telangana state and APGENCO remained for Andhra Pradesh in accordance with the Andhra Pradesh Reorganisation Act, 2014.
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No.Of.Posts : 7,352 Posts
Qualification : 12th/Any Graduation
Salary Offered : 18,560 to 32,000 P/M
Last Date : 23-08-2016
Apply Mode : Online
Government of Andhra Pradesh realizing the declining tendency of the financial position of APSEB and considering the recommendations made by committee it was unbundled into Andhra Pradesh Power Generation Corporation & Transmission Corporation of Andhra Pradesh Limited on 1 February 1999 by AP Electricity REFORMS ACT.Later, on 2 June 2014, when the state was bifurcated, APGENCO distributed all the assets, liabilities and power stations to both the states and Telangana Genco was formed for the newly formed Telangana state and APGENCO remained for Andhra Pradesh in accordance with the Andhra Pradesh Reorganisation Act, 2014.
CLICK HERE FOR JOB DETAILS:
No.Of.Posts : 7,352 Posts
Qualification : 12th/Any Graduation
Salary Offered : 18,560 to 32,000 P/M
Last Date : 23-08-2016
Apply Mode : Online
Vedavallara mee ads kosam mammalni vadukuntaru enduku raa..? Nee thokka lo add register kosam ekam ga apgenco ni vadesukunnav _/\_ . Nuv bagupadav raaa
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