RENEWABLE ENERGY

Andhra Pradesh’s 6.4 GW solar tender gets bids from Adani Group, Torrent Power and NTPC

The Andhra Pradesh government has received good response to the bids invited by it earlier this month to build solar power capacity of another 6,400 MW in the state, with all bids received adding up to 14,900 MW.

Adani Group, Torrent Power and state-run NTPC are learnt to be among the bidders, with Adani offering to the build the largest capacity individually.

Robust investor interest in the state’s solar sector has put at rest speculation that the latest tender process might come a cropper in the wake of a number of major developers refraining from participating in it, citing the state’s “poor track record”. Solar power producers had unsuccessfully requested the state government to extend the bid submission timelines for the latest tender for three months “to fully comprehend the technical aspects of the proposed project”.

The solar plants are slated to be built in the districts of Kurnool, Ananthapuramu, Prakasam and Kadapa.

The state government had earlier started building a 1,000 MW solar park in Kadapa, through a joint venture with the Centre, but has not allotted lands or awarded contracts for work on the ground.

Source
financial express
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