New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP), a state owned company, is actively involved in promoting renewable energy projects in the state. A renewable energy export policy for Andhra Pradesh was also announced to facilitate the setting up of 120 GW solar, wind and solar-wind hybrid energy parks by using 0.5 million acres of land. Andhra Pradesh is also leading in installation of solar power /off grid agriculture pump sets. The 10 GW solar projects would be used to meet the entire agriculture power consumption which will be met during the day time for nine hours duration daily. The newly formed Andhra Pradesh Green Energy Corporation Limited (APGECL), a 100% subsidiary of APGENCO, will be the trading agency/licensee for the 10 GW solar project in a phased manner and for connecting it to the grid. Andhra Pradesh is also leader by installing 433 nos electric vehicle charging stations (EVCS) out of 927 nos installed in the entire country as on 30 June 2020. Weighted average cost of power generation and purchases is INR 3.45 per kWh which is highest in the country. Andhra Pradesh has become the second state in India to achieve 100% electrification of all households. APGENCO, APPDCL, NTPC and other private firms contribute to the generation of power in the state of Andhra Pradesh. Power distribution in the state is divided into three divisions, namely Eastern Power Distribution Corporation Limited (APEPDCL), Central Power Distribution Corporation Limited (APCPDCL) and Southern Power Distribution Corporation Limited (APSPDCL), which distributes the power to the households, agriculture and the industries. ĪPTRANSCO is set up for transmission of power. The APGENCO also set up a Special Purpose Vehicle (SPV), named as Andhra Pradesh Power Development Company Limited (APPDCL), a joint venture company of APGENCO (with 50% equity) and IL&FS (50% equity) to set up Krishnapatanam thermal power project (2x800 MW). APGENCO deals with the electricity production and also maintenance, proposes new projects and upgrades existing ones as well. Andhra Pradesh Electricity Regulatory Commission (APERC) is the regulatory body. Power sector of Andhra Pradesh is divided into 4 categories namely Regulation, Generation, Transmission and Distribution.

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