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Andhra Pradesh Wind Development Rights Monetisation

Sector: Wind • Location: Andhra Pradesh, India

Source: NDTV Profit

Project
Planned

Suzlon Energy Ltd. expects to monetise 1.3 GW of wind development rights in Andhra Pradesh over the next six months after the state government extended a project implementation agreement by two years. The company holds development rights for 2.1 GW under the Andhra Pradesh project implementation agreement signed in 2015, with 775 MW related to an earlier power purchase agreement now at the tariff

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Project Information

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The project “Andhra Pradesh Wind Development Rights Monetisation” is an infrastructure initiative in the Wind sector, located in Andhra Pradesh, India. Taiyo aggregates data on it from NDTV Profit.

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Participants

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Description

Description

Suzlon Energy Ltd. expects to monetise 1.3 GW of wind development rights in Andhra Pradesh over the next six months after the state government extended a project implementation agreement by two years. The company holds development rights for 2.1 GW under the Andhra Pradesh project implementation agreement signed in 2015, with 775 MW related to an earlier power purchase agreement now at the tariff fixation stage. Suzlon also agreed to convert the project into a firm and dispatchable renewable energy project as requested by Andhra Pradesh authorities.

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Source

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High

Data quality score

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URL

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