The Indian infrastructure developer Bondada Engineering has been awarded a contract to install 2 GWac (2.6 GWdc) of solar PV capacity across the Indian state of Andhra Pradesh, in the Ananthapuramu and Sri Sathya Sai districts. The INR90bn deal (US$1.06bn) is conditioned to the availability of the areas, to ensure there is no overlap with zones already designated to other renewable projects. Bondada should benefit from incentives such as long-term land leases, non-agricultural status for its project sites, and power evacuation support. The solar plants are expected to be commissioned in phases from 2026 to 2028, rolling out 250 MW, 750 MW and 1000 MW each year. Once operational, the projects are expected to sell most of its production outside of the region, with the local government of Andhra Pradesh holding the right of refusal for up to 30% of the capacity. The deal is in line with the state’s 2024 Integrated Clean Energy Policy.
Do you want to become an expert on renewable energies auctions?
Discover our very detailed and regularly updated RES auctions database with worldwide coverage and a technical focus backed by academic research.
With our renewable energies auctions service you will be able to monitor auctions at a global level. Its (expanding) scope notably includes all major G20 countries and offers an especially fine tracking on Europe and South America.
Energy and Climate Databases
Market Analysis