{"id":345257,"date":"2020-04-04T11:03:26","date_gmt":"2020-04-04T05:33:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=345257"},"modified":"2020-04-04T11:03:26","modified_gmt":"2020-04-04T05:33:26","slug":"andhra-pradesh-holds-renewable-energy-payments-citing-coronavirus-force-majeure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/andhra-pradesh-holds-renewable-energy-payments-citing-coronavirus-force-majeure\/","title":{"rendered":"Andhra Pradesh holds renewable energy payments citing coronavirus force majeure"},"content":{"rendered":"<p>Andhra Pradesh has informed renewable power producers that its electricity discoms will not be able to pay renewable energy-based power producers as they are facing a reduction in collections due to the lockdown to contain the coronavirus outbreak.<\/p>\n<p>In a letter, a copy of which was reviewed by FE, the Southern Power Distribution Company of Andhra Pradesh has said that the \u2018force majeure event\u2019 is \u2018affecting the performance obligations\u2019 of the discoms under the power purchase agreements (PPAs) and \u2018no cause of action for breach or liability will arise as a consequence of the said force majeure event\u2019. Andhra Pradesh\u2019s decision to revise tariffs of renewable energy projects has already created a stir in the industry and hit the national mission to have 175 giga-watts of renewable energy capacity by 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Andhra Pradesh has informed renewable power producers that its electricity discoms will not be able to pay renewable energy-based power producers as they are facing a reduction in collections due to the lockdown to contain the coronavirus outbreak. In a letter, a copy of which was reviewed by FE, the Southern Power Distribution Company of Andhra Pradesh has said that the \u2018force majeure event\u2019 is \u2018affecting the performance obligations\u2019 of the discoms under the power purchase agreements (PPAs) and \u2018no cause of action for breach or liability will arise as a consequence of the said force majeure event\u2019. Andhra Pradesh\u2019s [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-345257","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345257","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=345257"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345257\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=345257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=345257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=345257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}