APGENCO came into existence on 28.12.1998 and commenced operations from 01.02.1999. This was a sequel to Governments reforms in Power Sector to unbundle the activities relating to Generation, Transmission and Distribution of Power. All the Generating Stations owned by erstwhile APSEB were transferred to the control of APGENCO.
The installed capacity of APGENCO as on 31.12.2011 is 8924.9 MW comprising 5092.50 MW Thermal, 3829.40 MW Hydro , 2 MW Wind power stations and ,1.0 MW Photo Voltaic Cell based Solar Power plant ,contributes about half the total Energy Requirement of Andhra Pradesh. APGENCO is third largest power generating utility in the Country next to NTPC and Maharashtra. It's installed Hydro capacity of 3829.4 MW is the second highest among all power utilities in the Country.
APGENCO has an equity base of Rs.2107 crores and about 11,000 dedicated employees as on 31.03.2011.The company has an asset base of approximately Rs.27690 crores. ( Provisional).
Website : http://www.apgenco.gov.inOur Vision
To be the best power utility in the country and one of the best in the world.
To generate adequate and reliable power most economically, efficiently and eco-friendly
To spearhead accelerated power development by planning and implementing new power projects.
To implement Renovation and Modernization of all existing units and enhance their performance.
To proactively manage change to the liberalized environment and global trends
To build leadership through professional excellence and quality
To build a team based organization by sharing knowledge and empowering employees
To treat everyone with personal attention, openness, honesty and respect they deserve
To break down all departmental barriers for working together
To have concern for ecology and environment.
Website : http://www.apgenco.gov.in