Andhra Pradesh Electricity Regulatory Commission(APERC) has stamped its nod for the purchase of power fromSolarEnergy Corporation of India (SECI). The distribution companies wanted to purchase about 7,000 mw of power from theSECI. The APERC has asked the to ensure that the annual procurement does not increase the maximum ceiling of 17,000 million units.
Discoms have filed an application with the APERC seeking approval for an interim power procurement with a plan purchase of 7,000 MW of solar power from SECI in a phased manner commencing from September 2024.
In their request, discoms said that Centre has pledged in Intended nationally determined contributions (INDCs) to reduce its emissions intensity by 33 to 35% between 2005 and 2030 at COP21 deliberations and to that effect it has been focusing on accelerated use of clean and RENEWABLE ENERGY by 40% by 2030.
Centre had also set a target to achieve 450 GW renewable energy installed capacity by 2030.
It has been estimated that the subsidy support for free power supply to Agriculture-notes-for-state-psc-exams”>Agriculture is likely to increase from Rs 8,900 crore in 2020-21 to around Rs 17,819 crore by 2030-31 considering release of new connections of 50,000 per year.