Andhra Pradesh from India is said to have 418 MW of PV offers


418 MW of photovoltaic capacity at INR6.49 (US$0.11) per unit price were offered to set up in the Indian state of Andhra Pradesh. The state solar policy was taken ito accout when this was finalized. 

„The Hindu”, an indian media announced that 35 bidders said “yes” to the solar power purchase price of INR6.49 ($0.11) per unit. Over 300 bids for 161 locations were qualified from 184 bidders. The state’s proposal is to gain 1,000 MW. In this year’s april the state announced the FIT of INR 6.49/kWh for its 1 GW tender. This last amount was considered disappointing to solar developers.

Taking all this into account the Energy Coordination Cell now considers the report positive. Furthermore, The Economic Times in India announced that that Hiralal Samariya, CMD (Chairman and Managing Director) of APTRANSCO, the power transmission utility of Andhra Pradesh has underlined the need to increase the speed of the solar power installations process of bridging the supply-demand gap among with the need of gathering all the requirements of the customers to the maximum extent possible, while the progress of solar power projects were reviewed.

The Letter of Intent was issued for 144 MW for 21 members as the press release reported. It was also reported that “for remaining bidders, issuing of Letter of Intents is under progress and that some solar power developers who have not participated in the bidding process, have also shown keen interest to supply solar power at the solar power purchase price”.

Roxana Moraru

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Posted by on Jul 5 2013. Filed under _featured slider, Asia, Market News, Solar PhotoVoltaics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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