Andhra Pradesh tenders 100 MW solar project
The Andhra Pradesh Power Generation Corporation releases tender details of $70 million solar project to be built in Talaricheruvu.
The power utility of Indian state Andhra Pradesh has this week released details of a 100 MW tender for a solar project in the Ananthapuramu-II solar park being built in Talaricheruvu.
The Andhra Pradesh Power Generation Corporation (APGENCO) has set a May 26 deadline for bid submissions, and hopes to have the solar project completed within 15 months of that date.
According to Mercom Capital, the estimate cost for the project is INR 4.45 billion (around $70 million), and once completed will boost the state’s solar portfolio significantly.
APGENCO will select the winning bidder based on the most competitive cost and also the developer’s ability to carry out all EPC works of the solar park, as well as providing five years of post-installation O&M services.
In December last year, the first 100 MW tranche of capacity at the Ananthapuramu solar park was issued under the domestic content requirement (DCR) category of India’s National Solar Mission (NSM). This 100 MW tender was shared 50/50 by Indian developers Azure Power and Adani, with tariffs set at a price of INR 4.43/kWh ($0.065/kWh).