After CRISIL now the rating agency ICRA, a Moody’s Investors Service company, has downgraded around 1.9 gigawatts (GW) of wind and solar power projects in its rated portfolio and hasContinue Reading
Close on the heels of the Andhra Pradesh government, which virtually called for a downward revision of the tariffs mentioned in the power purchase agreements (PPAs) for 5.2 giga wattContinue Reading
In a setback to solar and wind energy developers opposing the renegotiation of tariffs, the Andhra Pradesh High Court has transferred the matter to the state electricity regulator. However, theContinue Reading
In his letter dated September 2, union power and renewable energy (RE) minister RK Singh, has noted that some wind and solar projects could turn into non-performing assets (NPAs) ifContinue Reading
The renewable energy sector has seen a steep fall in interest from both developers and long-term investors. While the number of acquisitions of operating renewable energy power plants has dropped,Continue Reading
Wind energy companies, led by the Indian Wind Power Association, have filed a writ petition in the Andhra Pradesh High Court, challenging the state’s decision to review power purchase agreementsContinue Reading
NTPC and Solar Energy Corp of India (SECI) have threatened Andhra Pradesh (AP) power distribution utilities of legal action and have denied renegotiation of tariffs from solar plants, saying theContinue Reading
The Appellate Tribunal for Electricity (APTEL) on Wednesday stayed the controversial July 12 letter issued by a distribution power utility of Andhra Pradesh to three Greenko Energy group firms askingContinue Reading
