APTEL Upholds Two Andhra Pradesh Wind Power Companies’ Right to Terminate PPAs
The decision comes in the wake of APSPDCL's persistent defaults on payment obligations
December 25, 2024
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The Appellate Tribunal for Electricity (APTEL) has affirmed the rights of power generators Vaayu (India) Power Corporation and Vishwind Infrastructure to terminate their power purchase agreements (PPAs) with the Southern Power Distribution Company of Andhra Pradesh (APSPDCL).