Eastern Power Distribution Company of Andhra Pradesh Limited alone is estimated to have suffered a loss of Rs 40,000 crore, which includes damage to substations, high-tension transmission lines, poles and disruption in distribution network.
About 16,000 electric poles were knocked down by cyclone fury that also left around 6,000 transformers damaged.
Also Read
"It's a huge loss. It's a loss that we could not expect. I will explain to Prime Minister today. It is not an ordinary loss. Roughly, Navy suffered about Rs 2,000 crores. I am thinking whether we can give a representation to PM or not. Because, if I give a low estimate then you may say that a low estimate is given," Naidu, who is camping here to oversee relief operations, told reporters.
"Everyday Rs 30 crores to Rs 40 crores turnover is lost (by Vizag steel plant). It may take 10 days to rectify. Airport suffered about Rs 500 crores loss. The road networks suffered about Rs 800 crores of losses," he said.
The water supply in Visakhapatnam would be restored by this evening, the chief minister said.
"We are procuring tankers from East Godavari, West Godavari, Krishna and Guntur districts. By evening, all would be able to take bath," he said.
"Some people are selling essential items at high prices. It is not fair to try to exploit the situation. We have taken a decision to provide packages of food items in all cyclone-hit areas," he said.
The package comprises rice, kerosene, sugar, dal, potato, onion, palm oil and chilly powder, among others.
He said vegetables would be supplied at very low rates so that their prices come down in the open market.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)