(ET)
The battle between renewable energy companies’ and Andhra Pradesh is getting intense as the state has sought cancellation of 21 wind power purchase agreements with clients of SuzlonNSE 15.00 % Energy and Axis Energy and is not letting the wind plants operate for most hours of day without giving any valid reason.
The cancellation is despite the high court staying a July 1 notification issued by the state and July 12 letters written to various developers seeking renegotiation of power tariffs from solar and wind power plants. Andhra Pradesh South Power Distribution Co Ltd has filed a memo in the state electricity regulatory commission to withdraw the 21 wind PPAs. The PPAs though signed were not yet approved by the regulator.
