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Andhra Pradesh Central Power Distribution Corporation Limited (also known as APCPDCL), (HQ: Vijayawada), is a power distribution company owned by the state government of Andhra Pradesh. It was formed on 05-12-2019, as part of a demerger in 2019, [ 118 ] to cater the electricity needs of seven districts in Andhra Pradesh state.
The government reforms in power sector led to the formation of APGENCO on 28 December 1998 and commenced operations from 1 February 1999. [2] The imbalance of the revenues against the cost of production, no significant reduction in technical losses and energy thefts, high cost purchases from IPP's, other SEB's gradually worsened the financial position of APSEB.
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The government of Andhra Pradesh enacted the AP Electricity Reforms Act in 1998. As a result, in early 1999 the existing company, APSEB, was unbundled into Andhra Pradesh Power Generation Corporation Limited (APGENCO) and Transmission Corporation of Andhra Pradesh Limited (APTRANSCO).
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