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Consensus not to revise PPA has provided relief to developers in Andhra Pradesh

Recently meeting held between MNRE and representatives of AP government, it was decided to nor to revisit PPA already fixed by state electric regulatory commission (SERC). Such move by government is poised to make the environment conducive for making investments in the country and the renewable sector. Also AP government has agreed to pay against power supplied at earliest.

This would also reduce instances of abrupt disruptions of power supply and curtailment of solar and wind power and also regularlize payments from utilities.