Three Solar Companies to Set Up Units in Andhra Pradesh - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
Select Page

The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has issued offer letters, so far, to an Indian and two American companies for setting up solar power plants at Kadiri in Anantapur district where it has earmarked an area of 5,000 acres for allotment to solar power projects.

According to APIIC chairman and managing director BP Acharya, the three companies will together invest over Rs 3,000 crore. While US-based Sunborne will be investing Rs 2,000 crore, California-based AES Solar and Hyderabad-based Lanco Solar will be investing about Rs 600 crore each.

He said that besides the 5,000 acres earmarked already, an addition 15,000 acres of land was available at Kadiri for allotment to various solar companies. While the proposed units at Kadiri would generate solar power to cater to the needs of the domestic sector, the projects set up in the Hyderabad Fab City manufacture solar photovoltaic (PV) cells, 70 per cent of which are currently being exported.

He said the Humburg-based Fraunhofer Institute for Solar Energy Systems had agreed to set up a training and quality testing centre in the city for the benefit of solar PV manufacturers.


Here's more about EAI

India's first climate tech consulting firm

We work across entire climate tech spectrum

Our specialty focus areas include bio-energy, e-mobility, solar & green hydrogen

Gateway 2 India from EAI helps international firms enter Indian climate tech market

About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.


Copyright © 2024 EAI. All rights reserved.