AP receives good response for grid-connected solar PV units - Lowest offer of Rs. 5.25 per unit by First Solar
The Andhra Pradesh Government has received good response for the grid-connected solar power project development bids with 50 applicants and lowest offer of Rs. 5.25 per unit for 40 mw by the US-based major First Solar. Other bidders include Welspun Renewables Energy which bid for 345 MW followed by Acme Clean Tech Solutions Ltd for 160 MW capacity. As against the invitation for development of 500 MW of solar parks, the State has received interest for 1296 MW, according to AP Transco.Ajay Jain, Secretary, Energy Government of AP, K. Vijayanand, MD, AP Genco, indicated about the overwhelming response to the AP solar bid for procurement of 500 MW Grid connected solar photo voltaic projects in Andhra Pradesh. The range of first year tariff offe.....