Report No 6 of 2016 - PSUs of Andhra Pradesh

  • Date on which Report Tabled:  31st Mar,2017
  • Government Type:  State
  • State:  Andhra Pradesh
  • Sector:  Finance, Power & Energy
  • Report Type:  Compliance, Performance
  • Download Audit Report File:  Report No 6 of 2016 - PSUs of Andhra Pradesh(2.1MB)

Overview

As on 31 March 2016, there were 79 PSUs, falling under audit purview. Out of these, 52 Working PSUs pertain exclusively to Andhra Pradesh (15 of previous year; 9 newly incorporated and 28 formed due to bifurcation of the State), 5 PSUs are under demerger and remaining 22 are Non-working PSUs (yet to be bifurcated). As on 31 March 2016, the investment (capital & long term loans) in 79 PSUs was ` 42,123.11 crore.

During 2015-16, total outgo from the budget of the State of Andhra Pradesh was ` 7,290.67 crore for working PSUs exclusive to Andhra Pradesh and those formed due to bifurcation of the State and Rs 3.93 crore for five PSUs under demerger.

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