VIJAYAWADA: The Andhra Pradesh Green Energy Corporation Ltd (APGECL) is scheduled to open on Wednesday the technical bids filed for the 6,400 megawatts (MW) solar power projects proposed by the State government as a part of the 10,000 MW solar plants to cater to the free agriculture power demand.
While a total of 24 bids have been filed for solar plants in 10 locations, the APGECL is likely to go for reverse auctioning on January 18 after evaluating the financial bids on January 7. Adani Group, Kadapa-based Shirdi Sai Electricals Ltd (SSEL), NTPC, HES Infra Pvt Ltd, and a few others have filed the bids.
“A total of 24 bids were received with an average of two for each of the 10 projects. Adani Group and SSEL filed five bids each for five locations, two more companies filed bids for three locations each, and two more projects got two bids each. We are planning to hold the reverse auction on January 18 and the final date will be intimated after January 11,” a senior official explained.Although a few companies sought more time for filing the bids, the APGECL did not consider the request.
[source: newindianexpress.com, 30/12/2020]