Andhra Pradesh High Court asksto clear RE dues in six weeks on PPA reneging matter

The Andhra Pradesh High Courthas ruled that executed energy contracts cannot be renegotiated and askedthe state to clear dues estimated at Rs 300 billion to renewable energy generatorswithin six weeks.

The court set aside an earlier judgment asking Andhra Pradesh discom to make interim paymentto the generator. The court directed the discom to make payment of all pending and future billsas perthe rate mentioned in the power purchase agreements (PPAs). The order settles a two-year old matter

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