Renewable energy companies urge Andhra Pradesh high court to expedite hearing
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Synopsis
The renewable energy companies challenged the GO before the high court arguing that the state government could not form a committee to review power tariffs. They also argued that tariffs were derived through competent bidding process and the government should honour the agreements.
The high court bench headed by Chief Justice Arup Kumar Goswami and Justice Ninala Jayasurya posted the matter for final hearing from August 2.
(This story originally appeared in
on Jun 30, 2021)Renewable energy companies, solar and wind, with Power Purchase Agreements (PPAs) with the state government, have urged the Andhra Pradesh high court to expedite the hearing on the batch of petitions filed challenging the single judge order. The companies told the high court that they have been facing financial troubles and are on the verge of bankruptcy.