Andhra Pradesh to reconsider buying power from new green projects
The Andhra Pradesh government 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 state government to unravel the ad-hoc processes to award projects in the past and to ensure transparency in the power sector, according to PV Ramesh, special chief secretary to Reddy, who was part of the discussions and verified the authenticity of the document seen by Bloomberg.
