APTEL provides temporary relief to renewable energy firms in Andhra Pradesh
The Appellate Tribunal for Electricity (APTEL) has provided temporary relief to renewable energy companies in Andhra Pradesh. Renewable developers, including Ayana Kadapa Renewable Power, Sprng Soura Kiran Vidyut, Sprng Agnitra, SB Energy Seven and SB Energy Solar, had moved APTEL for tariff of wind and solar power.
The tribunal has directed the state regulatory commission not to allow the electricity distribution companies (discoms) to withdraw the proceedings pending for approval/adoption of tariff pertaining to the competitive bidding process. Further, it has also restrained the Andhra Pradesh Electricity Regulatory Commission (APERC) from conducting a public hearing on the tariff-adoption process as the tariff had been discovered via a competitive bidding process. The next date of hearing is sche-duled on September 16, 2019.
