TRANSMISSION CORPORATION OF

ANDHRA PRADESH LIMITED

25th ANNUAL STATEMENT OF ACCOUNTS

2022-23

Electricity Saved is Electricity Generated

 CONTENTS
Particulars Page No.

Notice 1 to 5

Board of Director’s Report 6 to 41

Statutory Auditor’s Report 42 to 73

C & AG’s Comments 74 to 80

Balance Sheet 81 to 83

Statement of Changes in Equity 84

Statement of Profit and Loss 85 & 86

Statement of Cash Flows 87 & 88

Notes to the Financial statements 89 to 96

Note – 2 Property, Plan & Equipment, Capital Work in Progress,

Intangible Assets under development 97
Note – 3 Investments 98
Note – 4 Loans 99
Note – 4a Other Current Loans 99
Note – 5 Other Financial Assets 99
Note – 6 Inventories 99
Note – 7 Trade Receivables 99
Note – 8a Cash and Cash equivalents 100
Note – 8b Balances with Banks-in FD’s 100
Note – 9 Other Tax Assets 100
Note – 10 Other Current Assets 100
Note – 11a Share Capital 101
Note – 11b Other Equity 101 & 102
Note – 12 Grants 102
Note – 13 Borrowings 103
Note – 13a Current Borrowings 103
Note – 14 Provisions 104 to 106
Note – 15 Deferred Tax Liabilities 106
Note – 16 Other Non Current Liabilities 107
Note – 16a Other Current Liabilities 107
Note – 17 Trade Payables 107
Note – 18 Other Financial Liabilities 108
Note – 19 Provisions – Current 108
Note – 20 Revenue from Operations 108
Note – 21a Other Income 109
Note – 22 Employee Benefits expenses 110
Note – 23 Finance Costs 110
Note – 24 Depreciation Expenses 110
Note – 25 Other Expenses 111 & 112
Note – 26 Income Tax Expenses 112
Note – 27 Financial Instruments 113 & 114
Note – 28 Capital Managements 114
Note – 29 Related Party Transactions 114
Note – 30 Contingent Liabilities 115
Note – 31 Earnings Per Share 115
Note – 32 to 57 Miscellaneous Notes 116 to 125
Function Wise Analysis of Revenue & Expenses 126 & 127
Statement of Technical Particulars 128 & 129
 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 1

ANNUAL ACCOUNTS 2022-2023

2 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 3

ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRA PRADESH LIMITED

(a wholly owned State Govt. Company)

Vidyut Soudha :: Vijayawada

CIN: U31909AP1998SGC107226

Website address: www.aptransco.gov.in

25th ADJOURNED ANNUAL GENERAL MEETING

SHORTER NOTICE

NOTICE IS HEREBY GIVEN THAT THE 25 th ADJOURNED ANNUAL

GENERAL MEETING (“AGM’’) OF THE MEMBERS OF THE TRANSMISSION

CORPORATION OF ANDHRA PRADESH LIMITED WILL BE HELD ON

FRIDAY, FEBRUARY 09th, 2024 AT 04:00 P.M. AT THE REGISTERED

ADDRESS OF THE COMPANY AT 48-12-16, VIDYUT SOUDHA, GUNADALA

VIJAYAWADA KRISHNA AP 520 004 TO TRANSACT THE FOLLOWING

BUSINESS:

ORDINARY BUSINESS:

ITEM No 1:

1. To receive, consider and adopt the Audited Balance Sheet as at 31st,

March 2023 and Statement of profit and Loss, Cash Flow Statement,

for the period ended on that date together with Directors Report,

Statutory Auditors Report and Comments of Comptroller and Auditor

General of India, thereon.

4 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRA PRADESH LIMITED

(a wholly owned State Govt. Company)

Vidyut Soudha :: Vijayawada

CIN: U31909AP1998SGC107226

Website address: www.aptransco.gov.in

To consider and if thought fit to pass, with or without modification(s) the following
resolutions an ordinary resolution:

“RESOLVED THAT the Audited Balance Sheet of the Company as on 31st

March, 2023 and Statement of Profit & Loss and Cash flow statement for the year
ended as on that date together with the Directors’ Report, the Auditors’ Report &
Management replies, the Supplementary Audit Report & Management replies thereon
for the F.Y.2022-2023 as laid before the members at this meeting be and are
hereby adopted.”

By order of the Board of Directors

For Transmission Corporation of Andhra Pradesh Limited

T. Veera Bhadra Reddy,

Director Finance Date : 09/02/2024

Place: Vijayawada

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 5

ANNUAL ACCOUNTS 2022-2023

6 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 7

ANNUAL ACCOUNTS 2022-2023

8 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 9

ANNUAL ACCOUNTS 2022-2023

10 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 11

ANNUAL ACCOUNTS 2022-2023

12 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 13

ANNUAL ACCOUNTS 2022-2023

14 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 15

ANNUAL ACCOUNTS 2022-2023

16 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 17

ANNUAL ACCOUNTS 2022-2023

18 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 19

ANNUAL ACCOUNTS 2022-2023

20 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 21

ANNUAL ACCOUNTS 2022-2023

22 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 23

ANNUAL ACCOUNTS 2022-2023

24 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 25

ANNUAL ACCOUNTS 2022-2023

26 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 27

ANNUAL ACCOUNTS 2022-2023

28 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 29

ANNUAL ACCOUNTS 2022-2023

30 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 31

ANNUAL ACCOUNTS 2022-2023

32 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 33

ANNUAL ACCOUNTS 2022-2023

34 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 35

ANNUAL ACCOUNTS 2022-2023

36 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 37

ANNUAL ACCOUNTS 2022-2023

38 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 39

ANNUAL ACCOUNTS 2022-2023

40 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 41

ANNUAL ACCOUNTS 2022-2023

42 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 43

ANNUAL ACCOUNTS 2022-2023

44 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 45

ANNUAL ACCOUNTS 2022-2023

46 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 47

ANNUAL ACCOUNTS 2022-2023

48 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 49

ANNUAL ACCOUNTS 2022-2023

50 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 51

ANNUAL ACCOUNTS 2022-2023

52 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 53

ANNUAL ACCOUNTS 2022-2023

54 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 55

ANNUAL ACCOUNTS 2022-2023

56 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 57

ANNUAL ACCOUNTS 2022-2023

58 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 59

ANNUAL ACCOUNTS 2022-2023

60 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 61

ANNUAL ACCOUNTS 2022-2023

62 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 63

ANNUAL ACCOUNTS 2022-2023

64 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 65

ANNUAL ACCOUNTS 2022-2023

66 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 67

ANNUAL ACCOUNTS 2022-2023

68 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 69

ANNUAL ACCOUNTS 2022-2023

70 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 71

ANNUAL ACCOUNTS 2022-2023

72 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 73

ANNUAL ACCOUNTS 2022-2023

74 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 75

ANNUAL ACCOUNTS 2022-2023

76 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 77

ANNUAL ACCOUNTS 2022-2023

78 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 79

ANNUAL ACCOUNTS 2022-2023

80 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 81

ANNUAL ACCOUNTS 2022-2023

82 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 83

ANNUAL ACCOUNTS 2022-2023

84 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 85

ANNUAL ACCOUNTS 2022-2023

86 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 87

ANNUAL ACCOUNTS 2022-2023

88 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 89

ANNUAL ACCOUNTS 2022-2023

90 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 91

ANNUAL ACCOUNTS 2022-2023

92 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 93

ANNUAL ACCOUNTS 2022-2023

94 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 95

ANNUAL ACCOUNTS 2022-2023

96 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 97

ANNUAL ACCOUNTS 2022-2023

98 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 99

ANNUAL ACCOUNTS 2022-2023

100 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 101

ANNUAL ACCOUNTS 2022-2023

102 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 103

ANNUAL ACCOUNTS 2022-2023

104 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 105

ANNUAL ACCOUNTS 2022-2023

106 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 107

ANNUAL ACCOUNTS 2022-2023

108 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 109

ANNUAL ACCOUNTS 2022-2023

110 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 111

ANNUAL ACCOUNTS 2022-2023

112 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 113

ANNUAL ACCOUNTS 2022-2023

114 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 115

ANNUAL ACCOUNTS 2022-2023

116 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 117

ANNUAL ACCOUNTS 2022-2023

118 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 119

ANNUAL ACCOUNTS 2022-2023

120 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 121

ANNUAL ACCOUNTS 2022-2023

122 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 123

ANNUAL ACCOUNTS 2022-2023

124 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 125

ANNUAL ACCOUNTS 2022-2023

126 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 127

ANNUAL ACCOUNTS 2022-2023

128 TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED

 ANNUAL ACCOUNTS 2022-2023

TRANSMISSION CORPORATION OF ANDHRAPRADESH LIMITED 129