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Monday, January 06, 2025 | 08:52 AM ISTEN Hindi

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Andhra agrees to pay renewable projects at average rates till resolution

The YSR Congress government in Andhra Pradesh in July formed a high-level negotiation committee (HLNC) to "review, negotiate and bring down" the tariff of all renewable power projects

renewable energy, wind energy, solar energy
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Of the total dues of Rs 1,450 crore towards renewable energy projects, state government has paid Rs 355 crore and is awaiting funding from central agencies.

Shreya Jai New Delhi
Andhra Pradesh has submitted to the High Court it will pay solar and wind power producers at an average rate even as legal proceedings continue over the state’s decision to review the tariff of all renewable power projects. The power distribution companies of AP said they will pay solar power project Rs 2.44 per unit (kilowatt an hour) and wind projects Rs 2.43 per unit till the issue is resolved. 

Both outstanding and future payment will be made at the same rate. The average rate decided by the state is half of what is the prevailing rate for solar and wind

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