The MoUs to provide debt to the utilities were signed in the presence of Andhra Pradesh Chief Minister N Chandrababu Naidu.
The first MoU with APGENCO (Andhra Pradesh Power Generation Corporation Limited) is for Rs 3,000 crore for setting up a 500 MW Solar power generation project in Anantpur during the 12th Five Year Plan (2012-17) Period.
Another MoU is with APTRANSCO (Andhra Pradesh Transmission Corporation Limited) is for Rs 6,000 crore for Transmission & System improvement projects in the Capital region of state.
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