Andhra seeks provision to re-look ‘bad, one-sided’ power pacts

VIJAYAWADA: The State government has demanded the Centre that a provision to re-look and renegotiate “bad and one-sided contracts” should be given for the Discoms. This is one of the major submissions made by the Andhra Pradesh government to the Union Ministry of Power regarding the Electricity (amendment) Bill, 2020, proposed to bring intended structural changes in power sector.

The State officials, who had submitted their reservations a fortnight ago, noted that reviewing of contracts, such as power purchase agreements, should be done periodically in view of the changing technoeconomic conditions instead of going for long-term pacts.