Green Developers in AP Lost Rs 1.4k cr since August

Bengaluru: Renewable energy developers have lost revenue of Rs 1,400 crore due to curtailment of wind and solar power in Andhra Pradesh since August last year, said industry executives.

“Out of the 7,307 mw of renewable energy installed in Andhra Pradesh, 20-25% of solar power and 50-60% of wind power is being curtailed,” said one of the executives, who did not wish to be identified.

This is despite the Andhra Pradesh High Court having directed distribution companies in September not to curtail renewable power.

“The situation has gotten out of hand. They are violating the order of the court,” a leading developer said on condition of anonymity. “They are not following the must-run guidelines for renewable energy laid down by the Centre.”