It's not unusual for the plastic cover over the top of the caps to dome up without the caps actually being bulged up. Usually you can tell if you push on them. Bulged caps will feel pretty solid. The plastic merely domed up will yield fairly easily.
But, uhhhh, yeah; looks yucky in there.
I have the same amplifier and two HCA 800 models, very strong amplifiers, love the sound..
The 1200, when I first got it, had been sitting for many years. When I plugged it in, it only had left channel.. I assumed it was going to need a complete overhaul so it sat for several more months..
I decided to clean it up and give it a round of deoxit and to my surprise the right channel came back.. The gain pots can actually get so corroded, there is zero sound..
It's worth a try, you will love that amplifier when you get it going, to me it's a true classic..
BTW, what color is the power light after the relays click?
Since the amp has gain controls, why not turn them all the way down then directly connect your CDP (or whatever) to the amp. Use the gain controls on the amp for volume controls.
That's a bad sign, both that the fuses are toast and they have been replaced by 15amp units.
Check the fuses, but don't just blindly replace blown ones.
Excellent advice, way back on post 3.
Were the fuses black? Blackened fuse(s) indicates a short somewhere and you won't want to just replace them blindly hoping that it will work. Make sure the outputs are good before replacing the fuses.