04

July

5

AP Solar Bidding Update – Responses received for 418 MW

by Harini

According to an article published in The Hindu Business Line on 2nd July, APTRANSCO received offers for setting up 418 MW capacity Solar PV plants in response to the state’s solar bidding. These offers were received from 35 bidders who accepted the solar purchase price at Rs. 6.49/unit. As per this article, Letters of Intent (LOI) have been issued to 21 bidders (contributing to 144 MW) and for the remaining 14 bidders, letters are underway. The original article published in The Hindu Business Line can be accessed here.

These responses for 418 MW denote a 68 MW capacity increase from the previously received responses for 350 MW (Source: The Hindu Business Line, 6th June). Of those 350 MW capacity responses received from 34 bidders, only 7 bidders (contributing to 53 MW) had accepted the price without any conditions and acceptance for the remaining 297 MW was subject to conditions. Our blogpost on this article can be read here.

 

 

5 thoughts on “AP Solar Bidding Update – Responses received for 418 MW

  1. Shree

    Can you please gimme the list of 35 bidders who accepted for Rs. 6.49/unit.

    Looking for the Updates….

    Reply
  2. Pingback: AP Solar Bidding Update - More companies allowed to set up solar PV plants | EfficientCarbon

  3. Hariprasad Gantyala

    Dear Harini,

    Thanks for the updates on Solar Bidding. and I just want to know if it is possible to give us the list of companies for 418MW.

    Regards,
    Hariprasad.G

    Reply
    1. Harini (Post author)

      Dear Hariprasad,

      Thank you for your message. We don’t have a list of those companies yet. However, we will publish it on our blog once we get the information.

      Thank you and have a good day.

      Regards,
      Harini

      Reply

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