News SnippetsPower

Andhra Discoms Clear Rs. 600 Cr. dues of Renewable Energy Producers

Energy distribution firms in Andhra Pradesh have cleared all dues of renewable energy producers amounting to Rs. 600 Cr. The move comes after Andhra Pradesh High Court on December 20, 2019 ordered discoms to clear dues within four weeks. The next hearing on the case is on 19th March 2020 before which all dues have been settled.

The Andhra Pradesh government has recently given state discoms fund of Rs. 2984 Crore under the Uday Scheme to clear their dues.

Earlier Andhra Pradesh had released 2,984 Cr to Discoms.