RE Companies seek transfer of the unilateral reduction of tariff issue in State of AP – Apex Court issues notice
17 December 2020
The Hon’ble Supreme Court in a batch of Transfer Petitions filed by various Renewable Energy Generating companies has issued notices to the State of Andhra Pradesh and the distribution companies of the State of Andhra Pradesh. By way of the Transfer Petitions, RE Generating companies have sought transfer of the Writ Appeals pending adjudication before the Hon’ble Andhra Pradesh High Court to the Apex Court on the issue pertaining to unilateral reduction of Tariff and reopening of concluded contracts at the behest of the State of Andhra Pradesh. According to the Petitioner, Distribution Companies had not paid contractual dues since August, 2018 and have not made any payments since April, 2020.
The matter was led by Mr. Basava Prabhu Paril, Senior Advocate, assisted by SKV Law Offices comprising of Mr. Shri Venkatesh (Managing Partner), Mr. Vikas Maini and Mr. Suhael Buttan (Senior Associates)