{"id":373980,"date":"2020-09-17T11:31:37","date_gmt":"2020-09-17T06:01:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=373980"},"modified":"2020-09-17T12:45:41","modified_gmt":"2020-09-17T07:15:41","slug":"andhra-pradesh-green-energy-imbroglio-impacting-deals-and-payout-schedule","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/andhra-pradesh-green-energy-imbroglio-impacting-deals-and-payout-schedule\/","title":{"rendered":"Andhra Pradesh green energy imbroglio impacting deals and payout schedule"},"content":{"rendered":"<p>NEW DELHI : Large green energy deals in Andhra Pradesh are hanging fire, with prospective buyers introducing a condition precedent; wherein a significant agreed upon amount will only be paid once the issue of reopening of power purchase agreements (PPAs) by the state government gets resolved, said two people aware of the development.<\/p>\n<p>Not only has this impacted the deals\u2019 value, it is also playing out on the payout schedule, with the dispute currently before the Andhra Pradesh High Court.<\/p>\n<p>\u201cEvery buyer who comes to us, makes this condition that a significant part of the deal value will only be released once the issue gets resolved. These payout triggers has impacted the sale of our assets,&#8221; said the chief executive officer of a New Delhi based firm clean energy firm cited above, requesting anonymity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : Large green energy deals in Andhra Pradesh are hanging fire, with prospective buyers introducing a condition precedent; wherein a significant agreed upon amount will only be paid once the issue of reopening of power purchase agreements (PPAs) by the state government gets resolved, said two people aware of the development. Not only has this impacted the deals\u2019 value, it is also playing out on the payout schedule, with the dispute currently before the Andhra Pradesh High Court. \u201cEvery buyer who comes to us, makes this condition that a significant part of the deal value will only be [&hellip;]<\/p>\n","protected":false},"author":40,"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-373980","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\/373980","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=373980"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373980\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=373980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=373980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=373980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}