India Ratings and Research (Ind-Ra) believes solar and wind power projects in Andhra Pradesh are unlikely to secure any immediate respite from cash flow-related pressure in view of the recent order given by Andhra Pradesh (AP) high court. The order to pay an interim tariff of INR2.44/unit and INR2.43/unit for solar and wind projects, respectively, […]
AP High Court stays state government’s order on slashing solar, wind tariffs
This will give private developers temporarily relief from seeing their revenue sinking Renewable energy firms worry that if Andhra Pradesh succeeds in reducing tariffs, other states will also follow suit Mumbai: The Andhra Pradesh High Court has stayed a move by the state government to lower tariffs paid to clean energy companies supplying power to […]