The Andhra Pradesh state cabinet ratified a series of investment proposals across multiple sectors, with a significant push toward green and renewable energy projects.
The investment aims to transform the state’s industrial landscape and position it as a leader in sustainable development. The total outlay is projected to create 100,000 new job opportunities across the state.
Focus on renewable energy and storage:
A core component of the approved investment is dedicated to large-scale clean energy projects. These approvals include a 300 MW wind-solar hybrid project, which demonstrates a move toward stable, round-the-clock renewable power. Furthermore, the cabinet cleared plans for a major clean energy storage facility, which is critical for integrating intermittent renewable sources into the state’s electricity grid. Also approved was a 10-TPD biogas plant, promoting waste-to-energy solutions. The thrust on hybrid power, storage, and bioenergy underscores the state’s commitment to low-carbon industrial growth.
Sustainable infrastructure:
Beyond direct energy projects, the cabinet also sanctioned significant funds for supporting infrastructure that aligns with sustainability goals.
This includes the approval of revised incentives for ReNew Photovoltaics’ large-scale ingot and wafer manufacturing plant, essential for developing an indigenous solar supply chain.
Separately, the government sanctioned revised estimates for reconstructing check dams on the Palar river, highlighting a parallel focus on crucial water resources and rural sustainability. The overall clearance signals an integrated approach to job creation built on a sustainable, green foundation.
