{"id":372906,"date":"2020-09-10T10:29:06","date_gmt":"2020-09-10T04:59:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=372906"},"modified":"2020-09-10T10:29:06","modified_gmt":"2020-09-10T04:59:06","slug":"andhra-pradeshs-green-energy-investors-now-fear-loan-recall","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/andhra-pradeshs-green-energy-investors-now-fear-loan-recall\/","title":{"rendered":"Andhra Pradesh\u2019s green energy investors now fear loan recall"},"content":{"rendered":"<p>New Delhi: Green energy developers, caught in a bind due to Y.S. Jagan Mohan Reddy-led Andhra Pradesh government\u2019s decision to reopen power purchase agreements (PPAs), now run the risk of their loan facilities getting recalled, said two people aware of the development.<\/p>\n<p>This comes in the backdrop of 5.2 giga watt (GW) of solar and wind energy projects with an estimated debt exposure of over Rs21,000 crore in the state hanging fire, due to the state government\u2019s decision to reopen renewable energy contracts inked under the previous N. Chandrababu Naidu government.<\/p>\n<p>A renewable energy chief executive officer\u2019s council of lobby group Federation of Indian Chambers of Commerce and Industry (FICCI) has raised the issue before union ministry of new and renewable energy (MNRE), and said that despite reduced interim tariffs to be paid by the state, there is power curtailment happening.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Green energy developers, caught in a bind due to Y.S. Jagan Mohan Reddy-led Andhra Pradesh government\u2019s decision to reopen power purchase agreements (PPAs), now run the risk of their loan facilities getting recalled, said two people aware of the development. This comes in the backdrop of 5.2 giga watt (GW) of solar and wind energy projects with an estimated debt exposure of over Rs21,000 crore in the state hanging fire, due to the state government\u2019s decision to reopen renewable energy contracts inked under the previous N. Chandrababu Naidu government. A renewable energy chief executive officer\u2019s council of lobby [&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-372906","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\/372906","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=372906"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/372906\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=372906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=372906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=372906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}