Political News

AP to Get Rs 2 Lakh Cr Investment in RE Projects

Chief Minister N. Chandrababu Naidu has yet again proved his commitment to establishing green energy projects in the state. Naidu believes modern infrastructure facilities, including uninterrupted power supply and smooth roads, will help build ecosystem for any industry, aiding the process of development.

Following the enforcement of the new ICE Policy 2024, NTPC Green Energy Ltd. signed a joint venture with NREDCAP to set up renewable energy projects worth Rs 2,00,000 crore in Andhra Pradesh.

The RE projects will focus on establishing 25 GW solar/wind, 10GW pumped storage and 0.5 MMTPA Green Hydrogen.

This initiative is expected to create over one lakh jobs and position the state as a renewable energy leader at the forefront in India’s green energy revolution.

Reports on the joint venture triggered encomiums on Naidu for being a visionary leader. Many of the netizens hoped it would be a big milestone for Andhra Pradesh.

Investments have been flowing into the state since the TDP coalition government has assumed charge as the authorities are dedicated to put Andhra Pradesh in a leading position on the world map.

This post was last modified on 22 November 2024 3:29 pm

Share
Published by

Recent Posts

₹25,000 Crore in Illegal Election Results Betting?

India’s 2026 elections have triggered a massive underground betting market, with over ₹25,000 crore reportedly…

1 hour ago

Fact Check: Only QR Code on Aadhaar Cards?

The Ministry of Electronics and Information Technology has denied claims that UIDAI will remove names…

2 hours ago

Is Tarun Bhascker Losing His Edge?

Director Tarun Bhascker has made only three films in a ten-year career. With Pelli Choopulu,…

2 hours ago

Popular Talk Show Comedian Receives Death Threat

Kapil Sharma is one of the most popular comedians and TV show hosts, with a…

2 hours ago

Big Day Tomorrow: Who’s Going To Be The Big Winner?

One of the most crucial days in Indian politics is going to unfold tomorrow, May…

6 hours ago

YCP Cadre Database – Jagan’s Big Plan For 2029!

YSR Congress is preparing a Digital Database to capture the details of all its cadres.…

6 hours ago