E-MAIL FOR SPONSORSHIP

Daily News Wrap-Up: APTEL Upholds Wind Power Firms’ Right to Terminate PPAs

RREC floats empanelment tender for 511 MW rooftop solar systems

December 26, 2024

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


 The Appellate Tribunal for Electricity has affirmed the rights of power generators Vaayu (India) Power Corporation and Vishwind Infrastructure to terminate their power purchase agreements with the Southern Power Distribution Company of Andhra Pradesh (APSPDCL). The decision comes in the wake of APSPDCL’s persistent defaults on payment obligations, which were previously identified by the Andhra Pradesh Electricity Regulatory Commission. It also allowed the two wind energy generators to sell their power under open access arrangements.

Continue Reading with Premium Access

Get unlimited access to in-depth analysis, exclusive interviews, and comprehensive coverage of India's renewable energy sector.

Unlimited article access
Exclusive market insights
Premium research reports
Ad-free reading experience
Loading subscription plans...

Comments

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS