State Will Purchase 7,000 MW Solar Power from SECI: N. Srikant, AP Energy Secretary

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Speaking to the media, Dr Nagulapalli Srikanth, Energy Secretary said, The state government has agreed to purchase about 7000 MW of solar power from the Solar Energy Corporation of India (SECI) at a price of Rs 2.49 per unit which is lowest till the date. Last year in September, Tamil Nadu purchased power from SECI at Rs 2.65 per unit, he said. The government will be saving money immensely thanks to the purchases from the SECI, he added.

The cabinet approved the SECI proposal as the price was same as the lowest bid quoted in the tenders called by the government for setting up of solar power project.

The power purchase proposal from SECI would go to the APERC only after it is cleared by the state government. He said they would sign on Power Purchasing Agreement (PPA) only after getting the green signal from ERC.

However, the energy secretary admitted that network charges would be in addition to the purchase price and it would be borne by the government without levying the burden on discoms.

He refused the allegations that they were purchasing power from Adani Group. “We are purchasing power from a Central government PSU-SECI. We are not concerned about who are supplying power to SECI,” he explained.

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