The Andhra Pradesh government has received bids from 35 companies for setting up solar power projects in the state with a combined installation capacity of 418 MW.
Letters of Intent (LoI), have already been issued for 144 MW for 21 members and issuing of LoIs for remaining 14 bidders is under progress. Some solar power developers, who have not participated in the bidding process, have also evinced interest to supply solar power at the solar power purchase price.
The Andhra Pradesh government had earlier issued a Solar Power Policy for encouraging solar power projects under captive/3rd party sale. AP TRANSCO and DISCOMs are in the process of issuing technical feasibility clearances commissioned under this policy.