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Renewable energy cos urge HC to expedite hearing | Vijayawada News

Vijayawada: 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. The litigation arose out of the state government’s decision to review the power tariffs and a subsequent GO issued in 2019, forming a committee to renegotiate prices with the companies. The state government had proposed paying Rs 2.44 per unit instead of Rs 4.8 for solar power.

Renewable energy companies urge Andhra Pradesh high court to expedite hearing

Renewable energy companies urge Andhra Pradesh high court to expedite hearing SECTIONS Share 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.

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