Solar power providers will gain incentives over a seven year period, provided plants are built by June 2014.
Steep electricity shortages resulting from a 17.3% power deficit in July 2012 has prompted the state’s energy department to promote renewable energy generation to enhance capacity.
Andhra Pradesh is now part of the collective national goal to generate 20,000MW across the country by 2022.
Developers are exempt from cross-subsidy charges, electricity duty and transmission and wheeling charges using state-owned infrastructure.
The annouced tax benefits have been announced on both equipment purchased as well as project land registration.
