Andhra Pradesh green energy imbroglio impacting deals and payout schedule3 min read . Updated: 16 Sep 2020, 04:21 PM IST
- Buyers insistent on resolution of PPAs reopening by state government to be a condition precedent for payouts
NEW DELHI : Large green energy deals in Andhra Pradesh are hanging fire, with prospective buyers introducing a condition precedent; wherein a significant agreed upon amount will only be paid once the issue of reopening of power purchase agreements (PPAs) by the state government gets resolved, said two people aware of the development.
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