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ALL INDIA INSTALLED CAPACITY

ALL INDIA INSTALLED CAPACITY

Monday, December 6, 2010

Proposals for 1,184 MW of solar power projects by private developers in Andhra Pradesh - Prices dip to Rs 12/unit in latest bidding

Solar power projects with a total installed capacity of 1,184 MW have been proposed by private developers in Andhra Pradesh, according to Mr Chandan Mitra, Vice-Chairman and Managing Director of Non-Conventional Energy Development Corporation of Andhra Pradesh Ltd.
AP Transo has considered the proposals for issue of power evacuation clearance to facilitate them to participate in request for selection (RfS) or to be invited by NTPC Vidyut Nigam Ltd (NVVN) for final allotment. Thus far, three projects of 5 MW each under solar photovoltaic and one project of 50 MW under solar thermal route have been allotted in phase one of RfS called by NVVN.
Speaking to Business Line, Mr Mitra said this shows the growing interest in solar photovoltaic and solar thermal power generation though installation costs are high. However, changes in tariffs in the last two years show the cost has come down from a high of Rs 19 a unit to Rs 17 to about Rs 12 a unit during the latest bidding.
The price quoted recently by companies like Megha Engineering at about Rs 12 is quite aggressive considering a high of Rs 19 barely two years ago.This price is also lower than the price fixed by the Central Electricity Regulatory Commission at Rs 17.91, which factors in Central and State subsidies, he said.In addition, 11 proposals have been selected with a capacity of 10.5 MW under rooftop photo voltaic and small solar power generation programme (RPSSGP).
These are expected to be commissioned within one year, he said.
During his address at a meeting hosted by Federation of Andhra Pradesh Chamber of Commerce and Industries (FAPCCI), he said, “We have about 300 sunny days in a year offering scope to take up solar projects. However, in the case of rooftop installations, institutions and those in the remote areas are worried about maintenance issues. These are being addressed.”

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