The Andhra Pradesh Government is set to announce a separate policy to encourage wind and solar energy projects in the State.
The policy framework, now under preparation, will seek to address some of the key concerns in implementing the projects by outlining some of the subsidies and incentives.
The State utilities of the newly created residual State of Andhra Pradesh, which had signed for large parks with NTPC Ltd, SECI Ltd, NNVVNL etc, are aiming to develop about 10,000 MW of renewable energy portfolio by 2018-19.
The State has invited bids for procurement of about 2,400 MW of power and 500 MW of solar power.
Andhra Pradesh has also been chosen by the Union Power Ministry under the Power for All Scheme and for setting up of an Ultra Mega Solar Power Park with an installed capacity of 2,500 MW.
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