Andhra Pradesh state is considering scrapping its decision to enter into power purchase agreements for all upcoming clean energy projects.
The so-called “in-pipeline” projects under review include 21 wind power plants, a 600 megawatt hybrid project by Siemens Gamesa Renewable Energy SA and another one by Axis Energy Group, according to the minutes of a June 26 meeting by Chief Minister Y.S. Jaganmohan Reddy reviewed by Bloomberg.
The move is an effort by the newly elected provincial government to “unravel” the “ad-hoc processes” to award projects in the past and to ensure transparency in the power sector, according to P.V. Ramesh, special chief secretary to Reddy, who was part of the discussions and verified the authenticity of the document seen by Bloomberg.
