Project Information Document (Appraisal Stage) - 24x7 - Power for all in Andhra Pradesh - P155038

The PFA plan is a common integrated planning framework across the power sector value chain to augment the power capacity of the state commensurate with the increase in demand. [...] To support the financial sustainability of the electricity sector, and provide distribution companies with the financial capacity to meet the Government➢❨ s 24 x7 Power For All plans, the GoI also announced a parallel program ➢❨. [...] This adversely impacted the financial position of the distribution companies as well as the industrial sector, and reduced economic growth of the state. [...] The financial stress led to inadequate investment in transmission and distribution infrastructure: Due to the poor financial performance of the utilities, there has been an under investment in the transmission and distribution infrastructure of the state. [...] Andhra Pradesh was one of the first states to sign the 24x7 Power for All plan and the specific indicators of state commitment include: i. Implementation of a generation expansion strategy and simultaneously improving the generation mix through renewable energy: The state plans to more than double the installed capacity of the state from 8,300 MW in FY 2015 to ~16,000 MW (from non-renewable source