Bhaskar appointed as APERC Chairman
September 18, 2013 - Hyderabad
V Bhaskar, Special Chief Secretary, Finance will take over as the Chairman of Andhra Pradesh Electricity Regulatory Commission.
Orders to this effect was issued by the State Government and Bhaskar would stay in the post for a period of five years. He who is due to retire by September end on attainting of superannuation is expected to take up the new assignment after he is relieved of the present post. He as the head of the Finance Department is credited with streamlining its functioning and brought in several reforms including online bill monitoring system, automatic bill clearance into the bank account of recipient without middlemen for works executed, introduction of green channel for faster clearance of funds for welfare schemes. The Finance department under his leadership also introduced online budget preparation and monitoring of expenditure by all departments.