Hazoor Multi Projects Limited (HMPL) has revealed its plans of setting up 500MW Andhra Pradesh Solar Project. This solar project is expected to cost Rs 2,500 crore.
The company has already submitted a proposal with the state government to set up the project. According to the information that was revealed by the company, the project will be set up at an area of 2,000 acres in Prakasam district.
500MW Andhra Pradesh Solar Project Factsheet
Capacity: 500MW
Location: Prakasam district
Developer: Hazoor Multi Projects Limited
Cost: 2,500 crore
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The AP government in a communication stated that New and Renewable Energy Development Corporation (NREDCAP) will facilitate the success of the implementation of this solar park project.
Additionally, the state government has also requested the company to submit its detailed project report (DPR) for the solar project.
About HMPL
HMPL is a company that is into renewable energy and constructing road projects on an engineering, procurement, and construction (EPC).
In the previous week, the company made a foray into the domestic renewable energy sector with the development works of 1.2GW of clean energy projects spread across 4,200 acres of land located in Maharashatra.
Solar Projects in Andhra Pradesh
Currently, Andhra Pradesh has a total of five massive utility-scale solar plants which possess a total capacity of 4160MW. The Kurnool Ultra Mega Solar Park is the largest in the area and among the largest in the country.
Another major solar project in the area is the NP Kunta Ultra Mega Solar Park. Generally, Andhra Pradesh is making significant steps in the solar energy sector. The state has favorable conditions, supportive policies, and proactive approach which make it an attractive destination for solar pr
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