A bench of the Andhra Pradesh High Court headed by the state’s chief justice directed state electricity distribution companies (discoms) in December 2019 to release an undisputed amount of ?14.5 billion (US$204 million) owed to renewable generation companies (gencos) and clear all admitted liabilities.
The ruling came after renewable gencos including Tata Power, ACME Group and Mytrah challenged an order by a single judge of Andhra Pradesh High Court. The order had directed the state discoms to approach the state regulator, Andhra Pradesh Electricity Regulatory Commission, and seek a revision in the concluded tariff, and meanwhile directed interim payments at ?2.44/MW to solar gencos and ?2.43/MW to wind gencos until the final disposal of matters by the state regulator.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章，欢迎成为我们的订阅会员成为我们的订阅会员。
