PSA signed for the Kadapa solar park

January 18, 2018

A PSA has been signed between NTPC and Southern Power Distribution Corporation of Andhra Pradesh Limited (APSPDCL) for the sale of solar power generated from the 250 MW project at the Kadapa Solar Park, Andhra Pradesh. The PSA rate has been fixed at Rs 3.15 per kWh, which was the lowest tariff quoted in the auction. Reportedly, Solairedirect had won the bid to install the entire capacity under the NSM Phase II  Batch II. Following this, a PPA between NTPC and Solairedirect is expected to be signed soon.