A.P. to procure 1,600 MW thermal power through competitive bidding
Andhra Pradesh has received approval to procure 1,600 MW of coal-based thermal power through competitive bidding. This initiative aims to address rising electricity demand and ensure long-term energy security in the state.
Why it matters
Securing reliable energy capacity is essential for supporting industrial growth and meeting the increasing power consumption needs of a developing state.
Andhra Pradesh is set to procure 1,600 MW of coal-based thermal power to meet the State’s rising electricity demand and strengthen long-term energy security.
The Andhra Pradesh Electricity Regulatory Commission (APERC) has granted in-principle approval for the procurement, enabling the State DISCOMs to initiate the competitive bidding process, according to an official release.
The power will be procured through tariff-based competitive bidding under Section 63 of the Electricity Act, 2003, following the Design, Build, Finance, Own and Operate (DBFOO) model.
The initiative is expected to provide a major opportunity for power developers seeking long-term supply contracts in Andhra Pradesh, where electricity consumption and peak demand are projected to rise significantly over the next decade.
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