Greenko Gets Stay Order on Andhra Pradesh’s Move to Revise Solar Tariff
The Andhra DISCOM has also written to NTPC and SECI seeking revision of the tariff to ₹2.44/kWh
July 19, 2019
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The Appellate Tribunal for Electricity (APTEL) has put a stay order on the implementation of Andhra Pradesh Southern Power Distribution Company (APSPDCL)’s letter seeking a revision in the power purchase agreement (PPA) for a grid-connected solar photovoltaic (PV) project executed by SEI Green Flash Private Limited, SEI Aroshi and SEI Rain Coke, which are special purpose vehicles of developer Greenko. These projects were executed during the term of previous state government led by Chandrababu Naidu.