Andhra hikes PPA period for solar projects

The Andhra Pradesh government has adopted proposals suggested by the Andhra Pradesh Green Energy Corporation (APGECL) to develop 10 GW of solar power capacity in the state to supply nine hours of daytime free power to the agriculture sector. In June, the state cabinet approved the proposal to develop a 10 GW mega solar power project. As suggested by APGECL, the tenure of the PPA will be 30 years instead of 25 years. The increase of the PPA tenure is expected to lower tariffs in the bidding process. The developers will be paid a flat tariff for the first 15 years and pre-fixed operation and maintenance charges from the 16th year of commissioning.

Contact: Neelam Sawhney, Chief Secretary, The Government of Andhra Pradesh. 

Address: Building #1, 1st Floor, Interim Government Complex, AP Secretariat, Velagapudi, Guntur, Andhra Pradesh.

Tel: 0863-244 1024.

Website: www.apindustries.gov.in