Revanth demands rollback of ASD on power

HYDERABAD: Critical of the power companies collecting additional security deposit (ASD) from their consumers, TPCC chief A. Revanth Reddy demanded the State government to immediately withdraw the proposal as it would add to theburdens of the common man.

In an open letter to Chief Minister K. Chandrashekar Rao, Reddy felt that people would teach him a lesson in the elections, if his government continued to overburden them.

“Earlier in the name of development charges, educational and green cess was
collected. The ASD decision will make a huge hole in the pockets of the poor, who are already reeling under the economic impact post-Covid and exorbitant prices of essentials like petrol and LPG,” he pointed out.

Revanth wondered why when BRS was boasting of 24X7 power supply across the state, the power companies were facing losses.

“Is it not true that the government owes Rs 20,000 crore to these companies,
which were reportedly facing losses to the tune of Rs 60,000 crore? Experts
have already warned that the deal with Chhattisgarh would further burden
Telangana,” he said.