The Appellate Tribunal for Electricity (APTEL) on Monday has asked electricity distribution companies (discoms) owned by Andhra Pradesh government and the its electricity regulatory commission, not to initiate any precipitative or coercive action against the Ayana Ananthapuramu Solar Pvt Ltd.
This includes cancellation, termination or deemed termination of the power purchase agreement (PPA) signed with the solar power company.
The petitioner, Ayana Ananthapuramu Solar Pvt Ltd, won rights to put up a 250 MW solar power project in Andhra Pradesh through a capacity auction conducted by the government of India-owned, SECI.
SECI would buy the power from Ayana (and other winners) and sell it to the discoms in Andhra Pradesh under a back-to-back power sale agreement with the discoms.
