Powerpurchase agreements for solar and projects that expired in 2019 will be renewed and the producers can start supplying to the discoms, as per a statement by theenergy department.
In 2019, after the expiry of PPAs signed for five years for theRECprojects, the energy department did not renew the contracts citing that the rates of the energy has come down significantly. The producers had sought legal help.
The department expects the power producers to withdraw the court cases and ink fresh PPAs with the discoms.