Government to approach APERC for nod to review PPAs

The power distribution companies (DISCOMs) are in the process of approaching the AP Electricity Regulatory Commission (APERC).
They filed a plea to accord permission for a review of the wind and solar Power Purchase Agreements (PPAs) as directed by the HC.
The High Court struck down the controversial government order in September last week and asked the APERC to sort out the issue within six weeks.
Meanwhile, the power utilities are trying to get the IPPs to reduce tariffs so that the DISCOMs would recoup some losses.
However, the government went ahead with the review of PPAs, asserting that it had the right to do so and moreover, it was being done in the public interest.

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