Tags: Andhra Pradesh

Andhra Pradesh Govt releases INR 2984 cr for DISCOMS to clear power dues

Andhra Pradesh government recently released a sum of INR 2,984 crore to clear long- pending dues to Solar and Wind Power generators, central generating stations and state generating stations. Of the total, Rs 2,199 crore will go to CGS and SGS while solar and wind power generators will get the balance. According to an order […]

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Andhra Pradesh to produce 10000 MW of solar power

The Andhra Pradesh government has reportedly proposed to set up its own generating units to produce 10,000 MW of solar power to meet the energy requirements of the agriculture sector. The government has already issued an order for setting up the Andhra Pradesh Green Energy Corporation Limited, as a subsidiary of Power Generation Corporation of […]

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Here is what you should know about AP’s key changes in energy policies

The Andhra Pradesh government recently made several key changes to its policies on solar, wind and hybrid power, primarily withdrawing the facility for energy banking and drawal that was purportedly causing a huge financial drain on the power distribution companies (Discoms). The Andhra Pradesh government said it has observed statutory audit has reported an abnormal […]

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Andhra Pradesh saved Rs 780 crore through re-tendering of Polavaram project

The Andhra Pradesh government on Monday claimed that it saved Rs 780 crore public money through re-tendering of Polavaram project work. After cancelling the contract awarded by previous Telugu Desam Party (TDP), the new government headed by Y.S. Jagan Mohan Reddy had earlier this month called fresh tenders for hydel power plant and main concrete […]

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Andhra Pradesh high court asks renewable energy companies to approach state electricity regulator

The Andhra Pradesh high court has reportedly asked the renewable energy companies opposing renegotiation of tariffs by the state to approach state electricity regulator. According to ET the Industry sources were disappointed by the order. The publication notes that the court has dismissed the case asking the renewable power companies to raise their objections before […]

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Andhra Pradesh seeks cancellation of 21 wind power pacts

The battle between renewable energy companies’ and Andhra Pradesh is getting intense as the state has sought cancellation of 21 wind power purchase agreements with clients of Suzlon Energy and Axis Energy and is not letting the wind plants operate for most hours of day without giving any valid reason. The cancellation is despite the […]

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Poor cash flow of Telangana, AP discoms adversely affected renewable energy projects

India Ratings and Research (Ind-Ra) in its latest report said that poor cash flow and credit profiles of Telangana and Andhra Pradesh discoms have undesirably affected the financial health of many renewable energy projects. The soaring receivables from Telangana and Andhra Pradesh distribution companies (discoms) have not only weakened the internal liquidity of many projects […]

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Siemens Gamesa secures 250 MW solar power order from Sprng Energy

Siemens Gamesa has secured its largest solar energy project order of 250 MW from Sprng Energy. The solar power project will be developed in Anantapuram in Andhra Pradesh said Siemens Gamesa in a statement. Siemens Gamesa will provide a comprehensive EPC (engineering procurement and construction) solution that includes engineering and design of the solar farm, […]

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10 Lakh Electric Vehicles set to hit Andhra road

Andhra Pradesh became the first state in the country to announce an extensive electric vehicle policy to curb pollution. CM N Chandrababu Naidu at recently concluded Energy Innovation Summit 2019 announced to put 10 lakh electric vehicles on the road in the next 5 years. State government’s new EV policy is expected to attract an […]

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Kia provides new Soul EV to the government of Andhra Pradesh

Kia Motors commenced trial production at its state-of-the-art manufacturing facility in Anantapur, in the state of Andhra Pradesh. This important step not only signifies the completed construction of the new 536-acre manufacturing facility, but also marks the arrival of Kia’s new flagship car for India. Kia also consolidated its Future Mobility Partnership with the government […]

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