Tag: APERC

Solar Developers in Andhra Are Facing Risk of Loan Recall: FICCI to MNRE

Source:-mercomindia In a letter addressed to the Secretary of the Ministry of New and Renewable Energy (MNRE), the Chairman of the Federation of Indian Chambers of Commerce and Industry (FICCI), urged the ministry to intervene in the Andhra Pradesh tariff reduction case, which is being heard in the state’s High Court. The FICCI Chairman highlighted

AP high court orders discoms to clear arrears of Rs 1450 cr of renewable power producers.

Source – hindustantimes.com The Andhra Pradesh high court on Friday directed state-run power distribution companies to pay Rs 1,450 crore to solar and wind power producers towards arrears to be paid to them for the power supplied by them. A division bench of the high court comprising chief justice JK Maheshwari and justice Venkata Ramana

Andhra Pradesh high court asks renewable cos to move APERC against renegotiation

Source: economictimes.indiatimes.com NEW DELHI: The Andhra Pradesh high court has directed solar and wind energy companies opposing renegotiation of tariffs by the state to approach state electricity regulator. Industry sources were disappointed by the order. The high court has dismissed the case asking the renewable power companies to raise their objections before Andhra Pradesh Electricity