Business Standard

Andhra govt awaits central funds to clear dues of power projects

The state government, in an ongoing case on payment dues, said that after the arrangement of financial assistance, the state will resolve the payment of pending bills

YS Jagan Mohan Reddy, Andhra Pradesh, jaganmohan reddy
Premium

File Photo of Andhra Pradesh CM YS Jagan Mohan Reddy. Source: PTI

Shreya JaiDasrath Reddy New Delhi/Hyderabad
The Andhra Pradesh (AP) government has clarified to the state high court that it will be able to clear the dues of power projects only when “the Centre provides funds”.

Apart from that, the state government has refused to roll back its policy on cancellation of renewable power projects.

The AP government has written a fresh letter to the Centre reiterating its demand for a ‘long-term solution to renewable integration cost’, a week after the Centre's committee offered to extend certain financial relaxations to the state at its first meeting held on November 7.

“We have not yet received the reply to our

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in