Andhra Government to purchase 7,000 MW solar electricity from SECI

03 May 2022 CW Team

The Andhra Pradesh government has decided to purchase 7,000 MW of solar electricity from the Solar Energy Corporation of India (SECI) for 2.49 per unit against the current market exchange price of 12-16 as part of its long-term planning, enduring the coal problem and future energy demands.

The SECI will begin providing 3,000 MW in the first phase in September 2024, 3,000 MW in the second phase in September 2025, and 1,000 MW in the third tranche in September 2026.

Peddireddi Ramachandra Reddy, state Energy Minister, told the media that the state government has opted to purchase power from SECI at a more cost-effective rate compared to market pricing.

Reddy said that this is to ensure that the agriculture industry, economy's backbone, has access to power.

He said that their ultimate goal is to deliver reliable electricity 24 hours a day, seven days a week. Simultaneously, the state would boost the electricity sector for the state's overall economic growth.

The expense of obtaining this power will be met by the state government, thus there will be no hardship on discoms.

If the project is located outside of the state, Andhra Pradesh will not be responsible for the costs of power evacuation, substation network construction, and so on.

SECI is a firm of the Ministry of New and Renewable Energy, Government of India. It is set up to enable the execution of the National Solar Mission.

Image Source

Also read: SECI floats tender for Standalone Battery Energy Storage System

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..