AP Genco to build 150 MW of solar parks in Andhra Pradesh - report
Aug 26, 2013 - Andhra Pradesh Power Generation Co Ltd, or AP Genco, plas to spend about INR 10 billion (USD 158m/EUR 118m) to install 150 MW of solar plants in the southeastern Indian state, the Hindu Business Line said Friday.
The power producer has decided to add 100 MW of solar capacity to a previous proposal for the construction of a 50-MW solar system, its managing director K Vijayanand was cited as saying. It has already secured land for the 50-MW photovoltaic (PV) installation and is working on obtaining land for the other 100 MW. AP Genco expects to build the facilities within 18 months, Vijayanand told the Business Line.
The solar plants will be installed as part of the Andhra Pradesh solar tender, under which winning bidders are awarded power purchase agreements (PPAs) at a fixed price of INR 6.49 per kWh.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.