APEPDCL to procure solar power from private player

Solar-power-007Wednesday, August 27, 2014: Power crisis is one of the biggest troubles in India. To get over this crisis, Eastern Power Distribution Company of AP Limited (APEPDCL) has announced that they will procure solar power from a private player for 25 years. If everything goes as planned, then an additional 250 MW solar power will be procured from 2016.

As per the deal, APEPDCL will join hands with Tirupati-based SPDCL to procure 500 MW solar power per day. The project, called Grid Connected Solar Photo Voltaic Projects in Andhra Pradesh (GCSPVPAP), gives APEPDCL full authority to select their suitable solar power developer through a global tender. The private solar power developer needs to generate 500 MW power in 13 districts. This power will be equally distributed between Vizag-based APEPDCL and APSPDCL, covering five and eight districts, respectively. These two units will pay the developer a fixed price, as per the tender.

The deal-signing of the power purchase agreement (PPA) will take place on 29 October and after that the developer will be given one year time to set up the project. Power generation is expected to start from 2016. Ch Tata Rao, divisional engineer of APSPDCL, said, “We will start receiving bids for the project from September 2 to 17.” The developer will install plants at selected locations in the 13 districts. As per APEPDCL, 26 locations have been found suitable, including five each in Srikakulam and Vizianagaram districts, six in Visakhapatnam, three in East Godavari and seven in West Godavari. The solar power will be supplied directly to nearest sub-stations.

B Ramesh Prasad, chief general manager (commercial) of APEPDCL, confirmed this development, “Both APSPDCL and APEPDCL will procure power from the developer as per the terms of the power purchase agreement. We will pay the developer at the per unit price to be decided at the time of finalisation of the suitable developer through the open bid. The discoms will just purchase power from the developer at the decided per unit cost. The rest of things like installation of solar plants, manpower and all other works will have to be taken care of by the developer alone.” Presently, total 14,000 million units of power are supplied by the discom per annum among which only 0.09 per cent is solar energy.

- Advertisement -
Loading form…

Industry's Buzz

Prime Minister Modi

Modi Flags 6G And Domestic Electronics Production At IMC 2026

0
Prime Minister Narendra Modi has outlined India's next telecom priorities at India Mobile Congress 2026, linking the 5G-to-6G roadmap with semiconductor production, domestic electronics...
Fujitsu

Fujitsu-Owned 1Finity Deploys 200+ Engineers To Expand India’s Optical Networking Business

0
Japan’s Fujitsu-owned 1Finity is expanding its India networking business with more than 200 engineers as AI and data-centre growth drives demand for optical networking...
Mivi factory

Mivi Targets Indigenous Smartphone Design With In-House Electronics Engineering

0
Indian consumer electronics brand Mivi aims to develop an indigenously designed smartphone within 12 months by building in-house circuit design, PCB and software engineering...
GlobalFoundries logo

GlobalFoundries and TSMC Partner on US Interposer Production for CoWoS

0
Five-year agreement expands Malta, New York fab to create domestic supply chain for high-performance AI chips. GlobalFoundries (GF) has reached an agreement with TSMC to...

Vietnam Plans US$136.3 Billion Investment in Power Generation and Grids by 2030

0
The revised plan also targets 10,000–16,300 MW of battery energy storage capacity by 2030 Vietnam is planning investments of approximately US$136.3 billion in power generation...

Learn From Leaders

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...

Startups

PowerMon

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...
Jash Jetly, Co-founder and CEO of EVE

“The cloud isn’t the only way to run AI. We’re proving it can happen...

0
A startup is building a decentralised AI and communication network that runs across everyday devices instead of centralised cloud servers. In an interview, Jash...
Mohit Gupta, founder and CEO, TYLsemi

Building AI Chips, One Block at a Time 

0
What if building an AI chip became as simple as assembling reusable blocks? The startup is working to make custom silicon accessible beyond the...
Seema Johar, Co-Founder and Product Director, Compcarta Solutions Pvt Ltd

“We Let Designers Focus on Innovation, Not Infrastructure.”- Seema Johar, Compcarta Solutions

0
In an exclusive interview, Seema Johar of Compcarta speaks with EFY’s Akanksha Sondhi Gaur about why setting up an EDA environment can be harder...