From pv magazine India
The recent auction to develop 5.8 GW solar power in the Indian state of Andhra Pradesh, out of 6.4 GW tendered by Andhra Pradesh Green Energy Corp. Ltd. (APGECL), will provide uninterrupted, free power during the daytime to farmers, according to GlobalData.
The tender was part of the state government’s plan to install 10 GW solar to support farming needs in Andhra Pradesh. The successful bidders were Adani Renewable Energy, Shirdi Sai Electricals, NTPC, Torrent Power, and HES Infra. The tariffs for the successful bids ranged from INR 2.47 ($0.034) to INR 2.49 per kWh.
Popular content
“The tariffs under the 6.4 GW tender are 52% lower than what the state government is currently procuring at and is set to reduce the financial burden on the government exchequer,” said Pavan Vyakaranam, project manager of power at GlobalData.
To continue reading, please visit our pv magazine India website.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.