Telangana Aims Rs 1.98 Trillion Investments with Green Energy Policy

07 Jan 2025 CW Team

Key incentives include stamp duty reimbursement for land acquired for green energy projects, an eight-year electricity duty exemption for MSMEs using solar and wind energy, and streamlined approvals via the TS-iPASS system. No-objection certificates (NOCs) from the Pollution Control Board will no longer be required, and water charges for solar projects will be reimbursed.

The policy promotes rooftop solar installations in government schools, Indiramma houses, public buildings, and village panchayats. Land for renewable energy projects will be classified as non-agricultural, eliminating land-use change permissions. Both government and private land will be available for projects, with government parcels offered for lease at minimal costs. Additionally, the government will refund its GST share on capital investments.

Women’s self-help groups will be encouraged to establish solar plants with capacities between 500 kW and 2 MW, with Discoms committing to purchase the electricity generated. Floating solar projects on reservoirs will be developed through competitive bidding, with specific reservoirs allocated to central and state agencies.

To foster innovation, the government plans to establish a renewable energy incubation centre under the guidance of Transco or Discom. The policy also supports the development of solar, wind, hybrid, and green hydrogen projects, alongside pumped storage facilities.

The policy introduces open access for green energy, enabling industries and companies to purchase electricity directly from producers instead of relying solely on government-owned Discoms.

With Telangana's electricity demand expected to double from 15,623 MW in 2024-25 to 31,809 MW by 2034-35, the new policy positions the state as a leader in renewable energy development and sustainable growth.

(ET)

Telangana's state cabinet has approved a comprehensive green and renewable energy policy aimed at attracting Rs 1.98 trillion in investments and generating 114,000 jobs over the next decade. The policy targets the addition of 20,000 megawatts (MW) of renewable energy capacity by 2030. Key incentives include stamp duty reimbursement for land acquired for green energy projects, an eight-year electricity duty exemption for MSMEs using solar and wind energy, and streamlined approvals via the TS-iPASS system. No-objection certificates (NOCs) from the Pollution Control Board will no longer be required, and water charges for solar projects will be reimbursed. The policy promotes rooftop solar installations in government schools, Indiramma houses, public buildings, and village panchayats. Land for renewable energy projects will be classified as non-agricultural, eliminating land-use change permissions. Both government and private land will be available for projects, with government parcels offered for lease at minimal costs. Additionally, the government will refund its GST share on capital investments. Women’s self-help groups will be encouraged to establish solar plants with capacities between 500 kW and 2 MW, with Discoms committing to purchase the electricity generated. Floating solar projects on reservoirs will be developed through competitive bidding, with specific reservoirs allocated to central and state agencies. To foster innovation, the government plans to establish a renewable energy incubation centre under the guidance of Transco or Discom. The policy also supports the development of solar, wind, hybrid, and green hydrogen projects, alongside pumped storage facilities. The policy introduces open access for green energy, enabling industries and companies to purchase electricity directly from producers instead of relying solely on government-owned Discoms. With Telangana's electricity demand expected to double from 15,623 MW in 2024-25 to 31,809 MW by 2034-35, the new policy positions the state as a leader in renewable energy development and sustainable growth. (ET)

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Equipment

10 Mar 2026

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Equipment

10 Mar 2026

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..