Ap Power Purchase Agreement

Distributors or discoms have accumulated losses of about 15,000 crore, exhausted their credit limit (due to the high acquisition cost) and electricity producers owe discoms 20,000 crore. October 15: The Supreme Court suspends the central government`s decision to prevent Andhra Pradesh from buying electricity from the Electricity Exchange instead of wind farms with which it had signed PPAs. While the Reddy government`s intention was to reduce “high” AAA rates, the 5.2 GW step exposed installed wind and solar capacity, with a combined debt of 21,000 crore, to the risk of default, she added. The Andhra Pradesh Electricity Regulatory Commission (APERC) has authorised the conclusion of an Amended Electricity Reception Agreement (APA) between Ramagiri Renewable Energy Limited (RREL) and the Transmission Corporation of Andhra Pradesh (APTRANSCO). .