AP Govt releases Rs 2,984 cr to clear power dues

The Andhra Pradesh government on Wednesday released a sum of Rs 2,984 crore to clear long-

pending dues to solar and wind power generators, central generating stations and state generating stations.

Of the total, Rs 2,199 crore will go to CGS and SGS while solar and wind power generators will get the balance.

With this, pending payments to renewable energy generators have been cleared up to December 2019, according to

an order issued by Energy Secretary N Srikant. The amount has been released towards payment of 25 per

cent losses of DISCOMs taken over for the years 2017-18 and 2018-19 under Ujwal Discom Assurance Yojana Scheme (UDAY) of

the Government of India, the order said. The AP High Court recently ordered that all pending

payments to renewable energy companies be cleared even as the matter related to re-negotiation of power purchase agreements

has been referred to the AP Electricity Regulatory Commission. PTI DBV

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