AP government announces Andhra Pradesh Renewable Energy Export Policy, 2020

The Andhra Pradesh (AP) government has formulated the Andhra Pradesh Renewable Energy Export Policy, 2020, to attract private investments for establishing solar, wind, and wind-solar hybrid projects on a massive scale.

Under the policy, the renewable energy produced can be exported to other states without any obligation to the state discoms to procure power as the discoms have already exceeded their renewable power purchase obligations (RPO). The nodal agency under the policy is New & Renewable Energy Development Corporation of AP Limited (NREDCAP). The allocation of renewable energy resource potential in any area to developers will be done on a first-come-first serve basis by the nodal agency through its official website. Developers intending to set up the energy export projects along with manufacturing facilities in the state will be given priority.

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