AP as a Renewable Energy Hub

  • Clean energy by 2019
  • A German bank to sanction 515 crore rupees
  • Green energy corridor with 1285 crores

HYDERABAD: The Government of Andhra Pradesh has decided to implement a comprehensive action plan to make the state a renewable energy hub in the country in the coming four years.

As a part of this plan, the government has contemplated to achieve 5,000 MW solar powers and 4,000 MW wind power by 2019 to meet the twin objectives of energy security and clean energy considerations.

Impressed with the new solar & wind policy and performance of the state in the power sector, KFW-the German Bank has agreed and communicated the state government for sanctioning 515 crore rupees at concessional interest rate towards the green energy corridor, which isA�a big boon for clean energy and protecting the natural resources in future for the welfare of the posterity.

The government,which has become the best in the country in the area of Energy Efficiency & Energy Conservation within a short span of over 10 months,is now contemplating to constitute taskforce for expediting the renewable energy projects.

Disclosing the above details, Ajay Jain, secretary (Energy, I&I) discussed with the officials about the impact of solar & wind projects, and the steps to be initiated by power utilities for completion of green energy corridor with an estimated cost of 1289 crore rupees with the support of the Government of India and international financial institutions. He said that the Chief Minister Naidu has thanked the Indian government for sanctioning 515 crore rupees forA�evacuation of wind and green energyA�corridor.

The APTRANSCO & DISCOMs would initiate steps soon to mobilize the balance investments from Power Finance Corporation (PFC) & Rural Electrification Corporation (REC), he said.

Vijayanand, CMD/APTRANSCO, Rangannadham, Advisor, Energy Department, Mutyalaraju, CMD/ APEPDCL, Dora, CMD/APSPDCL, Adhisheshu, MD/Solar Power Corporation and Kamalakarbabu, MD/NREDCAP have participated in the discussion. They felt that the DISCOMs would procure around 2,000 MW of solar power capacity in a phased manner within the next four to five years.

The DISCOMs for this would enter long term Power Purchase Agreement (PPA) of 25 years with developers who are selected based on a competitive procurement process, they said.

Ajay Jain further said that the solar and wind policy of AP Government will be the best policy in the country He also informed that the government, which have initiated all measures to develop worlda��s biggest solar park with a capacity of around 2,500 MW, with support of Govt. of India, public undertaking sectors like National Thermal Power Corporation (NTPC), NVVL, Ministry of New and Renewable Energy (MNRE) etc.,A�is now contemplating to develop 1,000 MW more solar power parksA�in the districts of Ananthapur, Kadapa and Kurnool.

Solar Park shall consist of various zones viz. solar power projects, manufacturing zones, R&D and training Centres.A�A�The State will extend all facilities and fiscal incentives provided by Central Government/National Solar Mission to the manufacturers in solar parks, Jain said

Special Purpose Vehicle(s) will be established for development of infrastructure and management of the park.A�A�The SPV will formulate policy and rules with respect to land allotment, sharing of development cost by the solar power producers and manufacturers, he said

K.Vijayanand, CMD/APTRANSCO said that the Government of India has clearedA�the environmental clearances for Krishnapatnam and Vijayawada thermal power stations, which pave the way for the state for enhancing the generating capacity to meet the future requirements of the state. (NSS)

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