AP is taking big strides in attracting investments in green energy.The state is giving a tough fight to the states which were so far known as hubs for green energy Plants.The state secured fourth spot in generation of green energy in 2022 and it is going to be the leader in the next two-three years as the has lined up several big-ticket projects in RENEWABLE ENERGY sector..
The state secured fourth spot in generation of green energy in 2022 and it is going to be the leader in the next two-three years as the state government has lined up several big-ticket projects in renewable Energy sector.
According to the data compiled by the Centre, AP added 1,261.54 megawatts to the existing power generation through green energy during 2022.While Gujarath added a whopping 7,880 mw, Rajasthan added 9,227 mw..
State cabinet had recently stamped its nod for big-ticket investments in green energy sector. The state government gave green signal to different firms to set up Pumped Storage Hydro-Electricity Projects (PSP). Adani group is planning to set up plants to generate about 3,700mw in different locations. Shirdi Sai electricals of Kadapa district is coming up with two plants with 1,200 mw in green energy sector. These projects are expected to be completed in two-five years. Adani group alone is investing 16,000 crore in green energy plants in AP.