VIJAYAWADA: APTransco has bagged prestigious Golden Peacock HR Excellence Award -2017 for its management of human resources.
APTransco chairman and managing director K Vijayanand received the award from Art of Living founder Sri Sri Ravi Shankar at the 11th international conference on corporate social responsibility at Bengaluru on Saturday. The awards jury was headed by former Supreme Court Chief Justice M N Venkatachalaih.
Reacting to the selection of APTransco for the award, Vijayanand said that the corporation has maintained the highest transmission availability of 99.95 per cent and lowest transmission losses of 2.97 per cent in the country with the support from the State government and commitment of employees.
“For the first time, the State has achieved surplus power status and can export power of about 500 MW to 1,000 MW to other States. We are in a comfortable position,” he said.
In a PowerPoint presentation at the conference, APTransco joint managing director Dinesh Paruchuri explained how the State government had adopted a special plan to bail out Discoms from financial stress
under UDAY.