Andhra Pradesh Solar Power Corporation Pvt Ltd (APSPCL) #46225
Created at
2024-10-10
Last update
2025-03-20
3 Parents (Involvements as child)
ID
Name
Solar Energy Corporation of India
Country of registration/origin
India
Classification
Government institution
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
50.00 %
Comment
The national Solar Energy Corporation of India has 50% of APSPCL shares
ID
Name
Andhra Pradesh Power Generation Corporation Limited (APGENCO)
Country of registration/origin
India
Classification
Government institution
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
41.00 %
Comment
the state power generation company, APGENCO has 41%
ID
Name
Government of India
Country of registration/origin
India
Classification
Government
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
60 000 000 000
Indian Rupee
Comment
Approximately INR 70 billion (USD 880 million) was invested in building the Kurnool Solar Park. This financial backing was a collaborative effort between the stakeholders. The solar power developers contributed INR 10 billion (USD 130 million), and the remaining INR 60 billion (USD 750 million) was sourced from APSPCL. The Union Government's subsidy of INR 2 billion (USD 25 million) further supported this project.
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
India
Current intention of investment
Solar park
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
2 400 ha