Wind power companies file writ against AP

<p>Wind energy companies led by their associations have filed a writ petition in the Andhra Pradesh High Court, challenging the state’s decision to review power purchase agreements they have already signed. <br><br>Besides the Indian Wind Power Association, which has already filed a petition, top renewable energy companies such as Renew Power, Acme Solar, Mytrah Energy and Hero Future Energies are likely to file similar petitions in the court. <br><br>The industry is agitated over the state’s new chief minister Jagan Mohan Reddy’s decision to form a committee to review all solar and wind power purchase agreements (PPAs) signed by the previous government. The July 1 order issued by the state’s energy department said the committee would review the contracts and negotiate with developers in order to bring down prices. <br><br>“A stay on the July 1 order and any and all proceedings of the high-level negotiation committee has been asked for by the court.” The source said the industry is also seeking a stay on another order issued on July 12 by distribution companies of Andhra Pradesh, which said the wind PPAs entered after 2012 have caused a huge burden on the state and thus tariffs would have to be lowered or else PPAs would be terminated. <br><br>The Andhra Pradesh government held a meeting on July 22 with wind developers and other stakeholders to discuss tariff renegotiation where government officials reiterated their stance. <br><br><br>Andhra Pradesh has installed around 3,978MW of wind capacity, according to consultancy firm Bridge To India.</p><p> </p><p>Referred from economic times <br><br> </p>