Andhra Pradesh government requested the Central government to constitute a committee to resolve the power-purchase related issues as it is incurring a financial burden on the state.
State Power Minister Balineni Srinivas Reddy, in a letter to Union Minister of State for Power (Independent Charge) RK Singh, said that the power tariffs, power purchasing agreements in the state are a matter of concern.
Reddy claimed that the abnormal integration of Variable Renewable Energy (VRE) into the grid is causing heavy financial burden to the state government.
The minister, thereby, sought the centre's co-operation in the matter to resolve the issue.
Union Power Minister had earlier written a few letters disagreeing with state government's decision of reviewing the power purchase agreements.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
