Andhra Pradesh Government Justifies its Stance on Revisiting of Solar & Wind PPAs
DISCOMs owe developers ₹200 billion, the state government asserts
July 17, 2019
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Justifying its decision to renegotiate Power Purchase Agreements (PPAs) for solar and wind projects signed by the previous government led by Chandrababu Naidu, the new government of Andhra Pradesh has said that the state DISCOMs have unpaid dues to the renewable power generators to the tune of ₹200 billion ($2.9 billion) and accumulated losses of about ₹150 billion ($ 2.2 billion).