NGEL-NREDCAP Pact for Energy Push
POWER & RENEWABLE ENERGY

NGEL-NREDCAP Pact for Energy Push

The NTPC Green Energy Limited (NGEL) and New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) have signed an agreement worth ?2 lakh crore to establish 25 GW renewable energy projects. This partnership underscores Andhra Pradesh's ambitions to lead India’s clean energy revolution. Key Highlights: Investment Details:

The pact includes ?2 lakh crore funding for large-scale solar, wind, and green hydrogen projects in Andhra Pradesh. It represents one of the largest renewable energy collaborations in India. Project Scope:

Focused on developing hybrid renewable energy plants to ensure consistent power generation. Includes green hydrogen and green ammonia facilities to cater to global and domestic markets. Strategic Goals:

Contributes significantly to India’s 500 GW renewable energy target by 2030. Aims to position Andhra Pradesh as a hub for renewable energy exports. Timeline and Development:

Projects are expected to roll out in phases over the next decade, creating long-term energy infrastructure. Potential Benefits: Economic Growth:

Attracts global investments and spurs industrial growth in Andhra Pradesh. Generates employment opportunities, particularly in renewable energy manufacturing, installation, and operations. Environmental Impact:

Reduces carbon emissions, contributing to India's Net Zero targets. Promotes sustainable energy solutions, reducing reliance on fossil fuels. Energy Security:

Establishes a robust renewable energy base, enhancing energy security for the state and the country. Encourages energy storage innovations for grid stability. Global Leadership:

Aligns Andhra Pradesh with global renewable energy pioneers, promoting green hydrogen exports. Showcases India’s commitment to climate action on an international stage. Conclusion: The NGEL-NREDCAP agreement marks a transformative step in India's renewable energy landscape. By focusing on 25 GW of clean energy, this collaboration not only boosts Andhra Pradesh’s economic potential but also strengthens India's position as a global leader in the energy transition.

The NTPC Green Energy Limited (NGEL) and New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) have signed an agreement worth ?2 lakh crore to establish 25 GW renewable energy projects. This partnership underscores Andhra Pradesh's ambitions to lead India’s clean energy revolution. Key Highlights: Investment Details: The pact includes ?2 lakh crore funding for large-scale solar, wind, and green hydrogen projects in Andhra Pradesh. It represents one of the largest renewable energy collaborations in India. Project Scope: Focused on developing hybrid renewable energy plants to ensure consistent power generation. Includes green hydrogen and green ammonia facilities to cater to global and domestic markets. Strategic Goals: Contributes significantly to India’s 500 GW renewable energy target by 2030. Aims to position Andhra Pradesh as a hub for renewable energy exports. Timeline and Development: Projects are expected to roll out in phases over the next decade, creating long-term energy infrastructure. Potential Benefits: Economic Growth: Attracts global investments and spurs industrial growth in Andhra Pradesh. Generates employment opportunities, particularly in renewable energy manufacturing, installation, and operations. Environmental Impact: Reduces carbon emissions, contributing to India's Net Zero targets. Promotes sustainable energy solutions, reducing reliance on fossil fuels. Energy Security: Establishes a robust renewable energy base, enhancing energy security for the state and the country. Encourages energy storage innovations for grid stability. Global Leadership: Aligns Andhra Pradesh with global renewable energy pioneers, promoting green hydrogen exports. Showcases India’s commitment to climate action on an international stage. Conclusion: The NGEL-NREDCAP agreement marks a transformative step in India's renewable energy landscape. By focusing on 25 GW of clean energy, this collaboration not only boosts Andhra Pradesh’s economic potential but also strengthens India's position as a global leader in the energy transition.

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?