Andhra Pradesh renegotiation attempt a mere bluster


10 July 2019 |

The new Andhra Pradesh government led by Chief Minister YS Jagan Mohan Reddy of the YSR Congress Party has made a sensational announcement seeking to renegotiate all renewable energy PPAs, review ‘must run’ status for the sector and cancel all under development projects. The move was part of the party’s election campaign promise, which also included free power and a host of other sops to the poor and farmers. It is nonetheless a surprise that the government has actually gone ahead with the announcement and that too despite a counter-advisory by the central government.


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