Andhra Pradesh Minister Claims Previous Govt Left 4,500 Crore Electricity Sector Liabilities
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Andhra Pradesh Minister Claims Previous Govt Left 4,500 Crore Electricity Sector Liabilities

Andhra Pradesh Minister Nara Lokesh stated the previous YSR Congress government left approximately 4,500 crore in liabilities within the electricity sector due to mismanagement between 2019 and 2024. He asserted the current TDP-led government would absorb these costs rather than burden consumers. This statement follows a report from the Andhra Pradesh Electricity Regulatory Commission (APERC) approving the absorption of 4,497.89 crore in accumulated liabilities by the state government.

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