AP discoms seek steep cut in solar, wind tariffs across all existing PPAs

Opening a new phase of sorts in the ongoing tussle with renewable energy players, Andhra Pradesh power utilities on Friday filed three separate petitions before the Andhra Pradesh Electricity Regulatory Commission (APERC) seeking reduction in tariff across all the existing solar and wind energy PPAs and PSAs entered by them between 2012 and 2017 involving around 7,500 Mw of installed capacity.

Besides asking for a steep cut in the agreed power purchase price ranging from over 40 percent to as high as 62 percent in case of some older solar power PPAs, the Southern Power Distribution Company of AP and the Eastern Power Distribution Company of AP(the state Discoms) also requested the state electricity regulator to bring down the PPA period in all the wind and solar energy agreements to 5-10 years from the present duration of 20-25 years.