AP’s power pacts a matter of concern: ReNew Power chief


AP’s power pacts a matter of concern: ReNew Power chief

ReNew Power, the first renewable energy company in India to commission over 5,000 MW of capacity, is still worried about the situation in Andhra Pradesh, where power purchase contracts face uncertainty even after a court order, chairman Sumant Sinha said.

Sinha told ET he has doubts about the situation in Andhra Pradesh, where it is building 700 MW of projects, after chief minister Jaganmohan Reddy tried to review wind and solar energy contracts.

Although the high court had directed the state’s distribution companies not to curtail power purchases and to clear pending dues, the predicament continues, Sinha said.

“The situation in Andhra Pradesh is as bad as it was earlier. The Andhra government is not basically being cooperative on any of these issues. Read More

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