APGenco 4.74

APGENCO came into existence and commenced operations from 01.02.1999. This was a sequel to Governments reforms in Power Sector to unbundle the activities relating to Generation, Transmission and Distribution of Power. All the Generating Stations owned by erstwhile APSEB were transferred to the control of APGENCO.
After Reorganisation of the state of Andhra Pradesh according to Andhra Pradesh Reorganisation Act, 2014, the assets, liabilities, employees, contracts etc. are apportioned between the two successor states.

The installed capacity of APGENCO as on 02.06.2014 after Andhra Pradesh State Reorganisaton is 4559.6 MW comprising 2810.0 MW Thermal, 1747.6 MW Hydro and 2 MW Wind power stations contributes about half the total Energy Requirement of Andhra Pradesh.

APGENCO has an equity base of Rs.1038 crores and about 6,090 dedicated employees as on 02.06.2014 .The company has an asset base of approximately Rs.14905 crores. ( Provisional).