Andhra Pradesh DISCOM’s to Renegotiate Power Purchase Agreements
May 8, 2017
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The Andhra Pradesh Southern Power Distribution Company (APSPDCL), a state distribution company, has decided to renegotiate power purchase agreements (PPAs) it had signed with wind project developers. The PPA’s were signed before India’s first wind power auction conducted by Solar Energy Corporation of India (SECI), which saw the tariff drop to Rs.3.46 (~$0.054)/kWh (as reported by Mercom). The state now wants to renegotiate these PPAs which it had signed with 41 developers covering 832.4 MW of wind capacity, at a tariff of Rs.4.8 (~$0.075)/kWh.