AP to buy 2,400 mw of power on a long term basis

Andhra Pradesh Transmission Corporation (APTransco) is holding a pre-application meeting with the thermal power developers on Wednesday for the procurement of 2,400 mw of power on a long term basis.

The process involves buying of power from thermal power stations through public private partnership on design build finance operate and own basis, according to a statement issued by the power utility.

The plants need to have Coal India linkage and has to be supplemented by imported coal and should have commercial operation date(COD) before December, 2016, it said.