New Delhi, January 04, 2022: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Monday met Prime Minister Narendra Modi in Delhi and discussed several key issues related to the State. During the interaction, he requested the Prime Minister to approve the revised cost estimates of Rs 55,657 crore at the 2017-18 price level, which includes a drinking water component of Rs 4,000 crore, and also to release the pending payments of Rs 2,100 crore already incurred by the State Government towards Polavaram project.
The Chief Minister said the total revenue deficit for the 2014-15 financial year was Rs 22,948.76 crore and the amount released to the State was only Rs 4,117.89 crore and requested that the remaining portion of Rs 18,830.87 crore be released at the earliest, to support the State during this hour of need.
The Chief Minister said several Rs 6,284 crore is receivable by Andhra Pradesh Generation Corporation Limited (APGENCO) from the Telangana State Distribution Utilities and Telangana DISCOMs have recognized the amount as payables but are yet to make the actual payment.
He requested the Prime Minister to direct the concerned authorities to settle these dues at the earliest so that the State power sector will be financially strengthened and the state’s payables to power suppliers can also be discharged.