APERC okays amended PPA for 6.5 MW of wind project
The PPA in question is for the sale of power from a 6.5 MW wind project in Anantapur district
The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved the execution of an amended power purchase agreement (PPA) between Ramagiri Renewable Energy (RREL) and Transmission Corporation of Andhra Pradesh (APTRANSCO).
The PPA in question is for the sale of power from a 6.5 MW wind project in Anantapur district. The PPA has to be signed by the two companies in two weeks. APERC has also asked the generator to pay all the outstanding dues amounting to Rs 6.85 million (around USD 96,126) to the petitioner for the power supplied from May 2018 within a month.
Ramagiri Renewable Energy (formerly IL&FS Wind Farms) had filed a petition claiming that it had entered a PPA with APTRANSCO in August 2001 for sale of power from its 6.5 MW wind power project in Anantapur district. After two years, the same PPA was revised due to a change in the name of the petitioner from Infrastructure Leasing and Financial Services (IL&FS) to IL&FS Wind Farms.
Again, after nearly two years, the government of Andhra Pradesh ordered the transfer of supply undertakings and PPAs to the distribution licensees. With this change, the PPA fell under the Southern Power Distribution Company of Andhra Pradesh (SPDCAL), which was also a respondent in this case. The project was receiving a tariff of Rs 3.37 (around USD 0.05)/kWh until the expiry of the PPA in November 2015 after which the Andhra Pradesh Power Coordination Committee applied to the Commission seeking approval for the extension of the PPA for two years.
With the PPA extension, the tariff was revised downward to Rs 2.23 (around USD 0.03)/kWh for the period between 6 November 2015 and 6 November 2017.
Later, the agreement period was again extended for another two years at the same tariff of Rs 2.23 (around USD 0.03)/kWh, entering an amended PPA in October 2017 with SPDCAL.
So, Ramagiri Renewable Energy has now requested the commission to approve the date of amended to be the date of reconnection (14 May 2018) for the sale of power generated from the 6.5 MW power project.