The AP cabinet, which met on Thursday, accepted the central government’s offer to supply solar power to the state. The Solar Energy Corporation of India has already offered to supply 9,000mw solar power to the state which will help the agriculture sector get quality and uninterrupted power.
It suggested that the state need not establish the solar power plant, and can instead buy power from SECI. The cabinet has accepted the proposal and decided to supply power to farmers at 2.49 per unit. The SECI said it would be able to give 3,000 mw power by 2024 and 9,000 mw by 2026.
The cabinet also accepted the long-pending demand of beneficiaries who took loans from AP Housing Corporation since 1983, and proposed a one-time settlement.