Andhra Government to purchase 7,000 MW solar electricity from SECI
POWER & RENEWABLE ENERGY

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

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

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

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?