Aptel stays AP discom’s letter on tariff cuts to 3 Greenko units
New Delhi: The Appellate Tribunal for Electricity (Aptel) on Wednesday stayed the controversial July 12 letter issued by a distribution power utility of Andhra Pradesh to three Greenko Energy group firms asking for drastic reduction in solar power tariff.
This is the first case stayed at any judicial forum by a power generating company affected by the new YS Jagan Mohan Reddy-led state government’s decision to renegotiate solar and wind power purchase agreements (PPAs).
Most renewable energy companies are contemplating approaching the Andhra Pradesh high court on the matter.
