Hyderabad: Bharathi Cement, India’s leading Cement manufacturer, on Monday announced the commissioning of 10 MW Ground-Mounted Solar Power plant in its manufacturing facility at Kadapa in Andhra Pradesh. This plant will generate close to 1.6 crore units of electricity annually and help reduce Bharathi’s overall energy costs by reducing its reliance on Thermal power. Source: […]
AP Government has decided not to reopen the existing PPAs unless some irregularities were found in them They would however examine the PPAs which have not yet been finalised. This decision has been taking by the State Government in view of financial crunch in the state Government informed centre in a letter…Read More Source: […]
Speaking at a workshop organised by IEX here on Friday, the Secretary said the discoms were facing unprecedented financial crisis due to purchase of power at a higher cost. VIJAYAWADA: Even as the renewable power generators moved court against the State’s decision to renegotiate power purchase agreements (PPAs), Energy Secretary Nagulapalli Srikanth has stated that […]
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:
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 […]
New Delhi: The Andhra Pradesh government’s move to review and cut the purchase cost of wind and solar energy could stress 5.2-GW renewables projects with estimated debt exposure of over Rs 21,000 crore,” Crisil said on Tuesday. The move could also aggravate the problem of delayed payments from distribution companies (discoms), it said. According to […]