AP Attracts Rs 9.57L Crore Investments in Energy Sector in 2023
1 year ago

AP Attracts Rs 9.57L Crore Investments in Energy Sector in 2023

Deccan Chronicle  

Vijayawada: Developmental Progress of Andhra Pradesh Power Sector touched peak in 2023 as state has attracted investments in energy sector worth Rs 9.57 lakh crore during the AP Global Investor Summit 2023 held in Visakhapatnam and among the MoUs signed, investment proposals worth Rs 52,015 crore were already grounded. He explained that in investments in the green energy sector, AP has huge untapped renewable energy potential for setting up 38 GW of solar and 44 GW of wind power projects. Vijayanand stated that the power sector has supported 39.64 lakh beneficiaries in 2023 in agriculture, aqua and animal husbandry, SC, ST, BC and other consumers through ‘Navaratnalu' schemes, providing tariff subsidies totaling Rs 46,581 crore under which 5 lakh houses are electrified in Jagananna Housing Colonies and individual sites across the state, supplied 10,324 MUs of free power to agricultural consumers and planned to supply around 13,185 MUs. He explained that AP has signed an agreement with Solar Energy Corporation of India to purchase 7,000 MW of solar power at Rs 2.49/kWh to provide 9 hours of free power supply during daytime to around 19.58 lakh agricultural consumers and proposed installation of smart meters for 19.58 lakh agricultural consumers without any burden on the Discoms and their consumers.

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History of this topic

Clean Energy Projects in AP to Create 2.5 Lakh Jobs
1 week, 4 days ago

Clean Energy Projects in AP to Create 2.5 Lakh Jobs

Deccan Chronicle  

Vijayawada: Andhra Pradesh would see the start of nine new projects with total investments of Rs 1.82 lakh crore and a job potential for 2,63,411 persons. Balaji Action Buildwell Pvt Ltd would invest Rs 1,174 crore in a project that would offer employment opportunities to 1,500 persons at Rambilli in Anakapalli district. The Clean Renewable Energy Hybrid Three would invest …

Chandrababu Naidu urges fast-tracked approvals, incentives to attract investments
1 week, 5 days ago

Chandrababu Naidu urges fast-tracked approvals, incentives to attract investments

India Today  

The Andhra Pradesh government approved investments worth Rs 1.9 lakh crore, promising to generate 2.64 lakh jobs across the state. Chairing a State Investment Promotion Board meeting on Monday, Chief Minister N Chandrababu Naidu directed officials to ensure timely clearances and provide necessary amenities to fast-track industrial projects. Tata Consultancy Services is expanding operations in Visakhapatnam with a Rs 80 …

India’s green ambitions: A key milestone crossed and yet miles to go
Trending News
2 weeks, 4 days ago

India’s green ambitions: A key milestone crossed and yet miles to go

Live Mint  

New Delhi: In October, India reached an important milestone in its green energy ambitions: an installed renewable energy capacity of 203.18 GW. Green IPOs and nuclear energy India’s green energy sector is leading a shift in the economy, said Manoj Bansal, partner at Grant Thornton Bharat, adding that emerging areas like green hydrogen, energy storage, and carbon capture are attracting …

India’s renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi
3 weeks, 4 days ago

India’s renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

Live Mint  

New Delhi, Dec 17 India's renewable energy capacity addition almost doubled to 15GW during the April-November period of this fiscal compared a year ago, indicating India's commitment towards the target of 500GW non-fossil capacity by 2030, Union New & Renewable Energy Minister Pralhad Joshi said on Tuesday. Addressing at CII International Energy Conference & Exhibition 2024 here, Joshi said, "In …

AP’s clean energy policy set to attract investments
Trending News
3 weeks, 6 days ago

AP’s clean energy policy set to attract investments

New Indian Express  

VIJAYAWADA: Representatives of Norfund, NDB Bank, and Societe Generale, along with SAEL Managing Director Sukhbir Singh, met Chief Minister N Chandrababu Naidu, and HRD and IT Minister Nara Lokesh on Saturday. Taking to the social media platform X later, the Chief Minister posted that investments under AP’s landmark Integrated Clean Energy Policy were discussed in the meeting. SAEL also introduced …

Andhra Pradesh bags Energy Conservation Award
3 weeks, 6 days ago

Andhra Pradesh bags Energy Conservation Award

New Indian Express  

VIJAYAWADA: Andhra Pradesh secured first prize in the State Energy Efficiency Performance Award category of the National Energy Conservation Awards-2024 for its consistent performance in promoting and implementing Energy Efficiency and conservation measures in buildings, industry municipal, agriculture and transport sectors. On the occasion of National Energy Conservation Day, Minister of State for New and Renewable Energy Shripad Naik presented …

AP Bags National Energy Conservation Award
3 weeks, 6 days ago

AP Bags National Energy Conservation Award

Deccan Chronicle  

VIJAYAWADA: Andhra Pradesh has received the first prize in the States’ Energy Efficiency Performance Award -- Group 2 sector category -- in the National Energy Conservation Awards-2024. The awards were distributed on the eve of the National Energy Conservation Day on December 14, by Union Minister of State for New and Renewable Energy, Shripad Naik. He presented the National Energy …

Naidu, Lokesh discuss investments to AP for renewable energy projects
3 weeks, 6 days ago

Naidu, Lokesh discuss investments to AP for renewable energy projects

Deccan Chronicle  

Vijayawada:Chief Minister N Chandrababu Naidu and Education Minister Nara Lokesh have welcomed investments to Andhra Pradesh for developing renewable energy projects. Delegations from SAEL Ltd and leading financial institutions in renewable energy Norfund, NDBBank and Societe Generale met the two on Saturday and discussed their plans and projects for AP. He stated later, “It was a pleasure to meet representatives …

AP’s Clean Energy Policy attracts Norway, BRICS investors: Gottipati
4 weeks ago

AP’s Clean Energy Policy attracts Norway, BRICS investors: Gottipati

Deccan Chronicle  

Vijayawada: Energy minister Gottipati Ravi Kumar on Friday asserted that the Andhra Pradesh Integrated Clean Energy Policy – 2024, providing a robust regulatory framework for clean energy investments, has gained international attention. He disclosed that delegations from SAEL Solar, a leading Indian renewable energy company operating across 12 states in India, along with marquee investors from Norway and BRICS nations, …

Efforts of AP and Telangana in energy efficiency and energy saving hailed
1 month ago

Efforts of AP and Telangana in energy efficiency and energy saving hailed

Deccan Chronicle  

VIJAYAWADA: The Bureau of Energy Efficiency, under the Union Ministry of Power has hailed the efforts of Andhra Pradesh and Telangana in promoting Energy Efficiency and Energy Saving. Deore called for accelerating energy efficiency efforts across critical sectors such as agriculture, industry, IT, transport, Panchayati Raj and rural and urban development to meet India’s sustainable development goals. Media adviser for …

₹2k cr being invested in Narmadapuram to make it renewable energy hub: MP CM
1 month ago

₹2k cr being invested in Narmadapuram to make it renewable energy hub: MP CM

Live Mint  

Narmadapuram, Dec 7 Madhya Pradesh Chief Minister Mohan Yadav on Saturday said ₹2000 crore is being invested in the state's Narmadapuram region for developing it into a hub of renewable energy. Yadav distributed land allotment letters to Green Energy Private Limited, Lands Mill Green Industry Private Limited, Lands Mill Green Industry Private Limited, Lands Mill Renewables Private Limited and Insolation …

Renewable energy stocks could make you greener? 5 reasons why
1 month, 2 weeks ago

Renewable energy stocks could make you greener? 5 reasons why

India Today  

Renewable energy stocks, such as NTPC Green Energy and Adani Green Energy, are not only shaping India’s energy future but also offering profitable opportunities for investors. Other companies like Suzlon Energy, JSW Energy, Adani Green Energy, Orient Green Power Company, etc have also performed well, raising the question: are renewable energy stocks the future of investment? Renewable energy sector companies …

Andhra Pradesh extends power supply deadline for Adani Green Energy
1 month, 2 weeks ago

Andhra Pradesh extends power supply deadline for Adani Green Energy

Live Mint  

New Delhi: The Andhra Pradesh government has granted a second extension to Adani Green Energy Ltd for supplying renewable power after the company missed two earlier deadlines citing transmission unavailability, said three people aware of the development. To Mint's queries on the extension from the Andhra Pradesh government, a spokesperson for Adani Green said the scheduled completion date of the …

AP Signs Joint Venture with NTPC Green Energy Limited
Trending News
1 month, 2 weeks ago

AP Signs Joint Venture with NTPC Green Energy Limited

Deccan Chronicle  

VIJAYAWADA: An agreement was signed on a joint venture between the New and Renewable Energy Development Corporation of Andhra Pradesh and NTPC Green Energy Limited of the state government in the presence of Chief Minister Nara Chandrababu Naidu at the AP Secretariat on Thursday. The Chief Minister said the joint venture is a key milestone that will secure the energy …

Andhra: SIPB clears Rs 85,083 crore investment proposals
1 month, 3 weeks ago

Andhra: SIPB clears Rs 85,083 crore investment proposals

New Indian Express  

Compete with other States to attract investments, CM exhorts officials Similarly, Astha Green Energy Ventures India Pvt Ltd will invest Rs 8,240 crore and provide employment to 4,000 people, Greenko APo1 IREP Infra Pvt Ltd will invest Rs 2,000 crore and provide 1,725 jobs. He advised the officials to adopt the land pooling system while acquiring land for ArcelorMittal steel …

Energy savings: '6.68 MTOE by 2030’ target set for AP
1 month, 3 weeks ago

Energy savings: '6.68 MTOE by 2030’ target set for AP

Deccan Chronicle  

Vijayawada: The Bureau of Energy Efficiency has set a target of 6.68 MTOE in energy savings for Andhra Pradesh by 2030, aligning with India's roadmap to reduce projected carbon emissions by 887 million tonnes. The alliance’s director general Ajay Mathur, a former member of PM’s Council on Climate Change, emphasised the need for an integrated energy efficiency strategy to achieve …

India's Renewable Energy Capacity Hits New Milestone: Centre
1 month, 4 weeks ago

India's Renewable Energy Capacity Hits New Milestone: Centre

Deccan Chronicle  

New Delhi: India has reached a significant milestone in its renewable energy journey, with the country's total renewable energy capacity crossing the 200 GW. India's total renewable energy installed capacity surged by an impressive 24.2 GW in just one year, reaching 203.18 GW in October 2024, up from 178.98 GW in October 2023. India's total electricity generation capacity has reached …

Apollo Green Energy plans ₹1,500 crore capex to capitalize on India’s renewables push
2 months ago

Apollo Green Energy plans ₹1,500 crore capex to capitalize on India’s renewables push

Live Mint  

Apollo Group’s engineering and construction arm plans to spend ₹1,500 crore to expand its capacity and undertake government and public-sector renewable energy projects, sourcing most of its capital expenditure requirement from an initial public offering next year. Apollo Green Energy Ltd, which ventured into the renewable sector less than a year ago, has secured orders worth nearly ₹2,830 crore, a …

Renewable Energy Part of AP’s Electricity Reforms: Minister
3 months, 3 weeks ago

Renewable Energy Part of AP’s Electricity Reforms: Minister

Deccan Chronicle  

Vijayawada:Energy minister Gottipati Ravi Kumar reiterated that Andhra Pradesh government, under the leadership of Chief Minister Nara Chandrababu Naidu, is focusing on renewable energy for providing uninterrupted power supply in AP without any outages “To promote this goal, the state is promoting solar and wind power projects, apart from incorporating electricity storage technologies,” Ravi Kumar told participants in the “Renewable …

In Gujarat, Mallu Bhatti Vikramarka hardsells Telangana’s renewable energy potential
3 months, 3 weeks ago

In Gujarat, Mallu Bhatti Vikramarka hardsells Telangana’s renewable energy potential

New Indian Express  

HYDERABAD: Deputy Chief Minister Mallu Bhatti Vikramarka on Monday revealed that the state government aims to add an additional 40,000 MW in Renewable Energy by 2035. Vikramarka said that the state government was developing a comprehensive renewable energy policy to ensure sustainable, reliable and affordable power, promote RE projects and attract private investments. Addressing the Global Renewable Energy Investors Meet …

Chandrababu Naidu outlines Andhra Pradesh’s energy goals at investors’ conclave in Gujarat
3 months, 3 weeks ago

Chandrababu Naidu outlines Andhra Pradesh’s energy goals at investors’ conclave in Gujarat

The Hindu  

Andhra Pradesh Chief Minister N. Chandrababu Naidu, addressing the 4th Global Renewable Energy Investors Meet & Expo at Gandhinagar on Monday, said his government has lined up a slew of incentives for the entire spectrum of Renewable Energy companies under the A.P. Outlining salient features of the ICEP, Mr. Naidu said the State government’s target is to generate 78.50 Gigawatts …

State aims to add 40,000 MW renewable energy by 2035, says Deputy Chief Minister
3 months, 3 weeks ago

State aims to add 40,000 MW renewable energy by 2035, says Deputy Chief Minister

The Hindu  

Deputy Chief Minister Mallu Bhatti Vikramarka has said that Telangana aims to add 40,000 MW additional energy capacity through renewable sources by 2035. He said the ambitious target to add 40,000 MW renewable energy by 2035 was not just a number, but a call for action. Telangana was accordingly developing a comprehensive renewable energy policy to ensure sustainable, reliable and …

CM Naidu Seeks to Attract Green Investments at Global Meet
3 months, 3 weeks ago

CM Naidu Seeks to Attract Green Investments at Global Meet

Deccan Chronicle  

Vijayawada: Chief Minister Nara Chandrababu Naidu will highlight Andhra Pradesh's green energy commitments at the 4th Global Renewable Energy Investor’s Meet, which is to be conducted by the Ministry of New and Renewable Energy from September 16 to 18 in Gandhinagar, Gujarat. The Chief Minister is optimistic about attracting significant investments in the green power sector, leveraging the state's substantial …

India’s renewable energy target may prove elusive without course correction
4 months ago

India’s renewable energy target may prove elusive without course correction

Live Mint  

India’s energy transition will be centred around the use of solar photovoltaic technology for at least the next 25 years. Though this information is not yet available in the public domain, it is estimated that Solar Energy Corporation Of India and other RE implementing agencies have about 18GW of ‘unsold inventory.’ Discoms in India face three major difficulties: huge uncertainty …

Spain's Zelestra plans $5 bn investment to set up 10 GW green power capacity
4 months ago

Spain's Zelestra plans $5 bn investment to set up 10 GW green power capacity

Live Mint  

New Delhi: Spain’s Zelestra plans to invest $5 billion in India to build 10GW of wind and solar power capacity by the end of the decade, a top executive said, doubling its previous target of achieving 5GW by 2026. The company, backed by private equity firm EQT, may also enter India’s lucrative commercial and industrial sector as part of the …

UP receives proposals for green hydrogen production for 3 districts
4 months ago

UP receives proposals for green hydrogen production for 3 districts

Hindustan Times  

Uttar Pradesh has already received three proposals for setting up green ammonia plants in the state after it rolled out Green Hydrogen Policy on March 14, 2024 aimed at boosting green hydrogen production. “We have received three proposals one each for Gorakhpur, Jalaun, and Hamirpur with the production capacities of 1500, 260, and 780 tonnes per day, respectively,” Uttar Pradesh …

Brookfield commits to 5 billion USD green energy investment in Andhra Pradesh
4 months, 3 weeks ago

Brookfield commits to 5 billion USD green energy investment in Andhra Pradesh

New Indian Express  

VIJAYWADA: Evren, a Brookfield and Axis Energy-promoted Clean Energy Platform has committed to invest USD 5 billion in Andhra Pradesh. Speaking on this occasion, Energy Minister Gottipati Ravi Kumar stated that the Andhra Pradesh government is implementing investor-friendly policies to promote transparency and ease of doing business for investors and the public. Evren has investment plans beyond renewables and are …

AP to strive for power cut-free state, says Minister Gottipati
5 months, 1 week ago

AP to strive for power cut-free state, says Minister Gottipati

Deccan Chronicle  

He said on Thursday that the Srisailam project has the capacity to boost power generation due to high flow of floodwater into the reservoir.The minister, along with chief minister Chandrababu Naidu, participated in the Jala Harati programme at Srisailam on Thursday. Later, he visited the right bank hydel power project and held a review meeting with GENCO officials.During the meeting, …

Energy demand in Andhra Pradesh poised to cross 250 MU per day
8 months, 1 week ago

Energy demand in Andhra Pradesh poised to cross 250 MU per day

The Hindu  

The power utilities in Andhra Pradesh are geared up to meet the imminent surge in energy demand which is expected to cross 250 Million Units per day in the coming weeks. The demand met so far in the month until April 26 stood at 6,345 MU, with a maximum of 253 MU on April 19, according to official sources. Of …

INDIA’s clean energy transition goals in limbo
8 months, 2 weeks ago

INDIA’s clean energy transition goals in limbo

New Indian Express  

CHENNAI : While hosting the G20 Presidency for the first time, India championed a climate change-focused agenda and pushed the group of countries to agree to tripling global renewable energy capacity by 2030. A report titled “Indian States’ Electricity Transition: 2024” was released by the Institute for Energy Economics and Financial Analysis and Ember that looks into the performance of …

Adani to invest ₹2.3 lakh crore in renewable energy, manufacturing capacity
9 months ago

Adani to invest ₹2.3 lakh crore in renewable energy, manufacturing capacity

The Hindu  

Adani Group will invest about ₹2.3 lakh crore through 2030 in India's most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plans. Adani Green Energy Ltd, India's largest renewable energy company, will invest about ₹1.5 lakh crore in expanding capacity to generate electricity …

Two AP Power Utilities Bag National Awards
10 months, 2 weeks ago

Two AP Power Utilities Bag National Awards

Deccan Chronicle  

Vijayawada:Two power utilities of Andhra Pradesh – Andhra Pradesh State Load Despatch Centre and New & Renewable Energy Development Corporation of Andhra Pradesh – have each bagged prestigious national awards, special chief secretary K. Vijayanand has said. APSLDC has won the SKOCH Semi Finalist Order of Merit Award for developing an Intra State Open Access Settlement application and NREDCAP won …

U.P. poised to unveil 182 renewable energy projects worth over ₹1.30 lakh cr
10 months, 3 weeks ago

U.P. poised to unveil 182 renewable energy projects worth over ₹1.30 lakh cr

Hindustan Times  

Lucknow: In a likely big push to sustainable development in the state, the Uttar Pradesh government’s groundbreaking ceremony here on Monday would unveil renewable energy projects worth more than ₹1.30 lakh crore, people in the know of things said. Of the total 182 renewable projects identified for the GBC, 42 projects worth ₹ 55,806 crore pertain to solar power. Of …

Odisha CM Lays Foundation Stone for Avaada Group’s Green Hydrogen Project
10 months, 3 weeks ago

Odisha CM Lays Foundation Stone for Avaada Group’s Green Hydrogen Project

Deccan Chronicle  

Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Wednesday laid foundation stone for Avaada Group’s green hydrogen project at Gopalpur in Ganjam district. This mega clean energy project entailing an investment of Rs 8,000 crore aligns with India’s aspiration to be a global green hydrogen manufacturing hub. Located near Gopalpur deep-sea port, Avaada’s cutting-edge green ammonia storage facility will enable exporting …

SIPB clears proposals worth ₹22,302 cr. for setting up of energy units in A.P.
11 months, 1 week ago

SIPB clears proposals worth ₹22,302 cr. for setting up of energy units in A.P.

The Hindu  

Andhra Pradesh State Investment Promotion Board cleared investment proposals worth ₹22,302 crore for establishing energy industries that would provide 5,300 jobs. Jagan Mohan Reddy on Tuesday, cleared the proposal of JSW Neo Energy Ltd to establish four solar power projects across the State to produce 3,350 MW of power with an investment of ₹12,065 crore. Ltd. will establish a 1,000 …

Pioneering sustainable energy: A blueprint for national progress
11 months, 3 weeks ago

Pioneering sustainable energy: A blueprint for national progress

The Hindu  

Andhra Pradesh has made significant progress towards achieving the United Nations’ Sustainable Development Goal No. has an estimated RE potential of 82.50 GW, primarily from wind and solar, the State government rolled out the RE Export Policy-2020 for establishing projects with an ambitious 120 GW capacity by the year 2025. PSHPs with a total capacity of 16,180 MW have been …

2050 Mega Master Policy will Transform TS, Says CM Revanth Reddy
1 year ago

2050 Mega Master Policy will Transform TS, Says CM Revanth Reddy

Deccan Chronicle  

HYDERABAD: Chief Minister A. Revanth Reddy on Saturday said his government would soon unveil a ‘mega master policy’ to achieve industrial growth across the state by 2050, and that the government would strive to reach the highest level of industrial growth hereon. Reddy said there was no place for misconceptions or apprehensions with regard to industrial development, and that “every …

2023 Gave Boost to AP in Investments, Industrial Sector
1 year ago

2023 Gave Boost to AP in Investments, Industrial Sector

Deccan Chronicle  

Vijayawada: Year 2023 was a transformative period for Andhra Pradesh, with Chief Minister Y.S Jagan Mohan Reddy's “visionary initiatives reaping rich rewards,” government sources claimed on Wednesday. The year 2023 witnessed the emergence of several food processing and pharmaceutical units, hotels, resorts, industrial, solar and green energy ventures collectively worth Rs 37, 397crore across regions. The officials said year 2023 …

DC Edit | India can still be part of climate deal
1 year, 1 month ago

DC Edit | India can still be part of climate deal

Deccan Chronicle  

It is surprising that India was not among the 118 nations that signed the Global Renewables and Energy Efficiency Pledge at the climate summit in Dubai to triple the installed renewable energy capacity by the turn of the decade. As Prime Minister Narendra Modi pointed out in his address to the summit during his flying visit, India may be the …

AP CM working for round-the-clock power supply: Official
1 year, 2 months ago

AP CM working for round-the-clock power supply: Official

Deccan Chronicle  

Vijayawada: Special Chief Secretary K. Vijayanand on Thursday said the Government of India had set an ambitious target of a 45 per cent reduction in carbon emissions by 2030. Vijayanand was speaking at a one-day workshop on the final validation of the State Energy Efficiency Action Plan at the Vidyut Soudha in Vijayawada. He said as per the report of …

India will see solar revolution by 2030, says IEA
1 year, 2 months ago

India will see solar revolution by 2030, says IEA

Firstpost  

India has set a target of achieving 500 GW of installed capacity from non-fossil fuels, including around 270 GW of solar capacity, by 2030 According to the International Energy Agency, solar energy will generate 18% of India’s electricity by 2030, up from its current 6% share. According to the IEA’s latest World Energy Outlook 2023, which was released on Tuesday, …

Andhra Pradesh Met the Highest Power Demand of More Than 262 MU During Summer
1 year, 3 months ago

Andhra Pradesh Met the Highest Power Demand of More Than 262 MU During Summer

Deccan Chronicle  

Vijayawada: The Andhra Pradesh government has embarked on an ambitious journey to bolster the power supply to industries and ensure sustainability in the power sector. Special chief secretary to the energy department, K Vijayanand, said AP is proactively enhancing industrial power supply to accommodate rising industrial activities. He said that in collaboration with EESL, the energy department is keen on …

Andhra Pradesh Chief Minister lays foundation for three renewable energy projects with a total capacity of 5,314MW
1 year, 4 months ago

Andhra Pradesh Chief Minister lays foundation for three renewable energy projects with a total capacity of 5,314MW

The Hindu  

August 23, 2023 05:02 pm | Updated 05:02 pm IST - VIJAYAWADA Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Wednesday virtually laid the foundations for three Renewable Energy projects with a total capacity of 5,314 Megawatts. Besides, a 50:50 joint venture agreement was signed on behalf of the Andhra Pradesh Power Generation Corporation and the National Hydropower Corporation …

Seven units of Polavaram power project likely to be commissioned in 2024-25
1 year, 4 months ago

Seven units of Polavaram power project likely to be commissioned in 2024-25

The Hindu  

Special Chief Secretary K. Vijayanand has said that Andhra Pradesh was at the forefront of promoting Pumped Storage Hydropower Projects. Techno-commercial feasibility reports have been prepared for setting up PSHPs having a potential to generate 33,240 Megawatts at 29 locations, out of which projects with 5,000 MW capacity would be established by AP-Genco with the support of National Hydro Power …

PFC signs MoU worth ₹ 2.37 trillion in clean energy space
1 year, 5 months ago

PFC signs MoU worth ₹ 2.37 trillion in clean energy space

Live Mint  

New Delhi: As part of its plan to position itself as the focal funding agency for energy transition, Power Finance Corp. Ltd. has executed various Memoranda of Understanding of more than ₹2.37 trillion with 20 companies both in public and private sector, the company said in a statement on Friday. These MoUs were signed with solar, wind power, green hydrogen, …

NLC India plans ₹24,000 crore solar investment by 2030: CMD
1 year, 6 months ago

NLC India plans ₹24,000 crore solar investment by 2030: CMD

Live Mint  

New Delhi: State-run NLC India Ltd plans to set up a step-down subsidiary to operate its new-age renewable energy businesses, including battery storage. In an interview, Prasanna Kumar Motupalli, chairman and managing director of the company, said that after the recent incorporation of its green energy arm, NLC India Renewables Ltd, the company is exploring the option of setting up …

AP meets highest 263 MUs energy demand
1 year, 6 months ago

AP meets highest 263 MUs energy demand

Deccan Chronicle  

VIJAYAWADA: Chief secretary Dr. K.S. Jawahar Reddy said AP’s power utilities have met the energy demand of 263 million units in the state on June 17, 2023, which is the highest energy demand so far. Dr. Jawahar Reddy said the Energy Efficiency Services Limited, a joint venture of public sector undertakings under the Ministry of Power, is keen on supporting …

Energy consumption of Andhra Pradesh increased to 65,830 Million Units in 2022-23 financial year
1 year, 7 months ago

Energy consumption of Andhra Pradesh increased to 65,830 Million Units in 2022-23 financial year

The Hindu  

The annual energy consumption of Andhra Pradesh has increased to around 65,830 Million Units in 2022-23 financial year when compared to 50,077 MUs in 2017-18 fiscal, an official release has said, adding that the power utilities in the State have met the all-time high energy demand of 251 MUs per day recently. To meet the future energy demand, the government …

AP generates 251 MUs of power on Thursday, highest ever
1 year, 7 months ago

AP generates 251 MUs of power on Thursday, highest ever

Deccan Chronicle  

VIJAYAWADA: Power utilities of Andhra Pradesh have successfully met the highest-ever energy demand of 251 million units in the state on May 18, 2023, by generating 12,653 MW. Stating this on Friday, energy minister Peddireddi Ramachandra Reddy explained that the average day demand in May 2020 had been 180.69 MUs as against 210.20 MUs on May 17, 2023. For instance, …

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