Rayalaseema To Emerge As Solar Hub After SIPB Clears Projects
POWER & RENEWABLE ENERGY

Rayalaseema To Emerge As Solar Hub After SIPB Clears Projects

The State Investment Promotion Board approved 31 projects with a combined investment of Rs 394.37 billion (bn) that can generate direct employment for 111,278 people, and the chief minister directed officials to develop Rayalaseema as a solar hub. The meeting, chaired by the chief minister and attended by ministers and senior officials, endorsed proposals across energy, information technology, tourism, food processing and manufacturing. The chief minister stressed timely execution and insisted on robust transmission infrastructure to enable power evacuation and future interstate supply.

Officials said the State can generate up to 325 gigawatt (GW) of solar power and called for long term planning to avoid under utilisation. Strengthening transmission networks was presented as essential to prevent under use of capacity and to position the State as a reliable supplier to neighbouring regions. The SIPB reaffirmed support for renewable energy and battery storage projects while requiring industry level safety measures.

A major thrust was placed on electronics manufacturing, with Sri City, Kopparthy and Anantapur identified as hubs for consumer electronics and component production. The chief minister urged establishment of global capability centres to strengthen the information technology ecosystem and create high value employment. The SIPB approved three companies under the Amaravati Quantum Valley initiative, signalling attention to advanced technology sectors.

Departments were instructed to ensure projects meet stipulated timelines and that memoranda of understanding from investor summits are implemented with regular SIPB monitoring. Support for farmers and allied sectors will include expansion of food processing capacity and enhanced marketing for crops such as palm oil and cocoa while strengthening micro, small and medium enterprises for inclusive growth. Officials noted that over the past 22 months the SIPB cleared 264 projects worth Rs 9.36 trillion (tn), generating employment for 960,000 people and positioning the State for significant industrial expansion.

The State Investment Promotion Board approved 31 projects with a combined investment of Rs 394.37 billion (bn) that can generate direct employment for 111,278 people, and the chief minister directed officials to develop Rayalaseema as a solar hub. The meeting, chaired by the chief minister and attended by ministers and senior officials, endorsed proposals across energy, information technology, tourism, food processing and manufacturing. The chief minister stressed timely execution and insisted on robust transmission infrastructure to enable power evacuation and future interstate supply. Officials said the State can generate up to 325 gigawatt (GW) of solar power and called for long term planning to avoid under utilisation. Strengthening transmission networks was presented as essential to prevent under use of capacity and to position the State as a reliable supplier to neighbouring regions. The SIPB reaffirmed support for renewable energy and battery storage projects while requiring industry level safety measures. A major thrust was placed on electronics manufacturing, with Sri City, Kopparthy and Anantapur identified as hubs for consumer electronics and component production. The chief minister urged establishment of global capability centres to strengthen the information technology ecosystem and create high value employment. The SIPB approved three companies under the Amaravati Quantum Valley initiative, signalling attention to advanced technology sectors. Departments were instructed to ensure projects meet stipulated timelines and that memoranda of understanding from investor summits are implemented with regular SIPB monitoring. Support for farmers and allied sectors will include expansion of food processing capacity and enhanced marketing for crops such as palm oil and cocoa while strengthening micro, small and medium enterprises for inclusive growth. Officials noted that over the past 22 months the SIPB cleared 264 projects worth Rs 9.36 trillion (tn), generating employment for 960,000 people and positioning the State for significant industrial expansion.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->