Home Coal Update Arrears cleared till Dec 2020, Andhra Pradesh power distribution companies tell HC

Arrears cleared till Dec 2020, Andhra Pradesh power distribution companies tell HC

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State power distribution companies (discoms) on Friday informed the high court that they have paid pending arrears till December 2020 to renewable energy producing companies having power purchase agreements (PPAs)
Advocate general S Sriram, representing the discoms, told the court that they have already filed an affidavit on April 1 with details of payments and arrears. There has been further progress in payments after filing the affidavit, he said, and sought time to file an additional affidavit.
Wind and solar power generating companies having PPAs with discoms had moved appeal petitions in the high court challenging the single judge order allowing the Electricity Regulatory Commission (ERC) to review power tariffs in the PPAs made by the previous government.
The court had earlier directed the discoms to clear the arrears based on agreed tariff to both parties which, it said, would be adjusted subject to the outcome of the appeal petitions.
Senior counsels, appearing for the power companies, raised objections to the affidavit filed by the discoms and stated that the details of payments in the affidavit are not matching with the actual payments.
As the advocate general asked time for filing an additional affidavit, the bench headed by Chief Justice A K Goswami suggested to wait till it is filed and posted the matter for further hearing to April 22.
The advocate general told the HC they have filed an affidavit with details of payments and arrears. There has been progress in payments after filing the affidavit, he said

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