The State government is reportedly planning to hand over some Electricity Circles in Hyderabad city to private companies to contain Aggregate Technical & Commercial (AT&C) losses. As part of this, the Old City area, which falls under the Hyderabad South Circle, will be handed over to the Adani
Group.
Chief Minister A Revanth Reddy revealed this to the media in Delhi two days ago, according to reports. Official sources confirmed that high level meetings were held in this regard by the government and that the Cabinet too was is in favour of handing over power supply and bill collections to the Adani Group.