The FY19 losses of Andhra Pradesh discoms were Rs 1,563 crore which the newly elected state government has attributed to “high cost renewable energy purchases”. Andhra Pradesh was regarded as a leader among Indian states in embracing the environmentally benign renewable energy sources; its installed wind/solar capacity of 7,177 MW is around 12% of the […]
PPAs cancelled after speaking to PM Modi: V Vijaya Sai Reddy
Reddy said that many of the Jagan Mohan Reddy government’s decisions are being taken in consultation with Modi and Shah duo. Vijayawada: YSRC Parliamentary party leader and Rajya Sabha member, V. Vijaya Sai Reddy on Wednesday said that the state government has decided to cancel renewable energy PPAs and Polavaram project tenders after consulting Prime […]
Andhra Pradesh Won’t Review All Power Purchase Agreements, Says RK Singh
Andhra Pradesh won’t reopen all power purchase agreements for renegotiation but will do so only in cases where there’s “manifest wrongdoing”, Union Power Minister RK Singh said referring to a statement issued by the state government. This comes after the newly formed Andhra Pradesh government, led by Chief Minister YS Jagan Mohan Reddy, said it […]
Japan cautions Andhra Pradesh against reworking green power pacts
The ambassador’s missive to Jaganmohan Reddy comes on the heels of similar letters from power minister RK Singh. BENGALURU: Japan has cautioned the Andhra Pradesh chief minister that the state’s efforts to cut renewable energy tariffs by reviewing signed-and-sealed contracts has unnerved foreign investors and damaged the business environment. India’s renewable energy sector has seen […]
Jagan Mohan Reddy briefs PM Modi on corruption in PPAs, reiterates SCS request
Chief Minister Y.S. Jagan Mohan offers prasadam to Prime Minister Narendra Modi in New Delhi on Tuesday. The CM also reiterated his request that the Centre grant Special Category status to AP. Vijayawada: Chief Minister Y.S. Jagan Mohan Reddy on Tuesday met Prime Minister Narendra Modi in New Delhi. The meeting assumed significance in the […]
The AP Govt sets aside funds for Central generation utilities
The AP Govt sets aside funds for Central generation utilities For more information please see below link:
Andhra Pradesh – sending investors packing, even if contracts are upheld
In early July 2019 the Government of Andhra Pradesh signalled its intention to make regulatory changes that would impact ongoing power purchase agreements with solar and wind developers. This move to retrospectively cancel or renegotiate signed and ongoing renewable energy contracts puts 7.4 GW of installed solar and wind power capacity in jeopardy.[1] The notification […]
Growatt Looks to Expand Business in Telangana and Andhra Pradesh
SHENZHEN, China: Growatt held a product launch ceremony in Telangana of India on July 5 with support from 3S Solutions. A large crowd of installers, EPCs and system integrators from across the region joined the event. Mr. Neelam Janaiah, managing director from TSREDCO (Telangana State Renewable Energy Development Corporation Ltd.) attended the event and gave a keynote speech, […]
In the matter of: To seek withdrawal of consent for the 21 Nos. PPAs enetered with various Wind Power Projects
In the matter of: To seek withdrawal of consent for the 21 Nos. PPAs enetered with various Wind Power Projects For more information please see below link:
AP has no right to issue directions to state power discoms: J Sagar Associates
The Andhra Pradesh high court on Thursday stayed the state government’s July 1 order seeking renegotiation of all renewable energy power supply contracts. New Delhi : The Andhra Pradesh government has no right to issue directions to state power distribution companies and the state’s directive to renewable energy plants to lower tariffs is against the […]