The policy shall come into operation with effect from the date of issuance and shall remain applicable for a period of five years.
In order to promote Wind power projects in the state of Andhra Pradesh, the state government has recently released the Andhra Pradesh Wind Power Policy – 2018.
To meet the twin objectives of energy security and clean energy considerations, this policy aims to promote widespread usage of wind power.
The policy shall come into operation with effect from the date of issuance and shall remain applicable for a period of five (5) years and/ or shall remain in force till such time a new policy is issued.
Wind power projects that are commissioned during the operative period shall be eligible for the incentives declared under this policy, for a period of ten (10) years from the date of commissioning – unless the period is specifically mentioned for any incentive.
The policy states that competitive bidding guidelines for wind power does not cover projects below 25 MW capacity for intra-state and accordingly the procurement of power from wind power projects having capacity less than 25 MW shall be at Feed in Tariff (FiT) determined by AP Electricity Regulatory Commission to the extent power required within the State.
The objective of the new policy as stated in the government order is:
- To encourage, develop and promote wind power generation in the State with a view to meetthe growing demand for power in an environmentally and economically sustainable manner.
- To attract private investment to the State for the establishment of large wind power projects.
- To promote investments for setting up manufacturing facilities in the State, which can generate gainful local employment.