{"id":295431,"date":"2019-10-09T11:04:50","date_gmt":"2019-10-09T05:34:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295431"},"modified":"2019-10-09T11:04:50","modified_gmt":"2019-10-09T05:34:50","slug":"renew-load-shedding-sees-300mw-of-solar-assets%e2%80%8a-put%e2%80%8a-on%e2%80%8a-the-%e2%80%8ablock","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/renew-load-shedding-sees-300mw-of-solar-assets%e2%80%8a-put%e2%80%8a-on%e2%80%8a-the-%e2%80%8ablock\/","title":{"rendered":"ReNew load shedding sees 300MW of solar assets\u200a put\u200a on\u200a the \u200ablock"},"content":{"rendered":"<p>ReNew Power, which until recently was a major acquirer of renewable assets in India, has put 300 megawatts (MW) of solar assets on sale as the company tries to cope with rising uncertainty in the industry, two people aware of the development said.<\/p>\n<p>The move to raise capital through sale of assets comes at a time when the renewable energy sector is facing several challenges. The Andhra Pradesh government\u2019s decision to renege on contracts signed by the previous Telugu Desam Party-led state government to buy power from green energy producers has unnerved investors. Besides, delayed payments by state utility boards have resulted in stretched working capital cycles for companies.<\/p>\n<p>In July, the Y.S. Jaganmohan Reddy government announced that it would cancel the contracts, citing high tariffs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ReNew Power, which until recently was a major acquirer of renewable assets in India, has put 300 megawatts (MW) of solar assets on sale as the company tries to cope with rising uncertainty in the industry, two people aware of the development said. The move to raise capital through sale of assets comes at a time when the renewable energy sector is facing several challenges. The Andhra Pradesh government\u2019s decision to renege on contracts signed by the previous Telugu Desam Party-led state government to buy power from green energy producers has unnerved investors. Besides, delayed payments by state utility boards [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-295431","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295431"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295431\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}