Andhra Targets Rs 10 Lakh Cr Investment
ECONOMY & POLICY

Andhra Targets Rs 10 Lakh Cr Investment

Andhra Pradesh is targeting a substantial investment of Rs 10 lakh crore in clean energy projects, with the aim of achieving net-zero emissions by 2047. The state government’s focus on renewable energy aligns with India's broader climate and sustainability goals. Andhra Pradesh plans to harness its potential in solar, wind, and other renewable energy sources to transition towards a greener future, contributing significantly to reducing carbon emissions and advancing sustainable development.

This massive investment is expected to accelerate the growth of clean energy infrastructure within the state, creating job opportunities, promoting green industries, and positioning Andhra Pradesh as a leader in India’s renewable energy sector. The government’s initiative underscores the urgency of achieving decarbonization and highlights its commitment to combat climate change.

Key projects under this plan include large-scale solar and wind farms, energy storage systems, and sustainable industrial developments. These projects are critical to Andhra Pradesh’s vision of becoming a clean energy hub and reducing its dependence on fossil fuels. The government is also working on policy frameworks that will encourage both domestic and international investors to participate in the state’s clean energy drive.

By setting an ambitious target to reach net-zero emissions by 2047, Andhra Pradesh is aligning its energy strategy with global climate action efforts. The substantial financial commitment reinforces the state’s resolve to lead in India’s green energy transition, positioning itself as a major player in the fight against climate change and a key contributor to India’s renewable energy goals.

As global markets increasingly shift towards sustainability, Andhra Pradesh’s Rs 10 lakh crore investment initiative marks a significant step in advancing both environmental and economic progress in the region.

Andhra Pradesh is targeting a substantial investment of Rs 10 lakh crore in clean energy projects, with the aim of achieving net-zero emissions by 2047. The state government’s focus on renewable energy aligns with India's broader climate and sustainability goals. Andhra Pradesh plans to harness its potential in solar, wind, and other renewable energy sources to transition towards a greener future, contributing significantly to reducing carbon emissions and advancing sustainable development. This massive investment is expected to accelerate the growth of clean energy infrastructure within the state, creating job opportunities, promoting green industries, and positioning Andhra Pradesh as a leader in India’s renewable energy sector. The government’s initiative underscores the urgency of achieving decarbonization and highlights its commitment to combat climate change. Key projects under this plan include large-scale solar and wind farms, energy storage systems, and sustainable industrial developments. These projects are critical to Andhra Pradesh’s vision of becoming a clean energy hub and reducing its dependence on fossil fuels. The government is also working on policy frameworks that will encourage both domestic and international investors to participate in the state’s clean energy drive. By setting an ambitious target to reach net-zero emissions by 2047, Andhra Pradesh is aligning its energy strategy with global climate action efforts. The substantial financial commitment reinforces the state’s resolve to lead in India’s green energy transition, positioning itself as a major player in the fight against climate change and a key contributor to India’s renewable energy goals. As global markets increasingly shift towards sustainability, Andhra Pradesh’s Rs 10 lakh crore investment initiative marks a significant step in advancing both environmental and economic progress in the region.

Next Story
Technology

BBMP Pledges Faster E-Khata Processing Amid Citizen Complaints

Facing mounting complaints over delays in e-khata issuance, the Bruhat Bengaluru Mahanagara Palike (BBMP) has promised to resolve the issue within 10 days. BBMP Chief Commissioner Tushar Giri Nath assured citizens that efforts are underway to expedite processing rates from the current 2,000 to a target of 10,000–15,000 applications daily. "We have cleared 90% of the 90,000 pending applications, leaving only 4,500 to process. To meet the demand, over 800 additional staff and assistant revenue officers (AROs) have been deployed to manage applications in each ward," Nath stated. Persistent Dela..

Next Story
Real Estate

Delhi HC Orders DDA to Assist CBI in Housing Lapses Probe

The Delhi High Court has instructed the Delhi Development Authority (DDA) to fully cooperate with the Central Bureau of Investigation (CBI) in its probe into alleged lapses in the construction of 336 high-rise HIG/MIG houses at Signature View Apartments, north Delhi. Justice Chandra Dhari Singh emphasized that DDA must furnish information about any internal inquiry and the officials involved to facilitate the investigation. The court noted CBI’s submission that DDA had not responded to multiple reminders since July, delaying the probe. The CBI is investigating allegations of "cheating, crimi..

Next Story
Infrastructure Urban

Mahindra Lifespace to Appeal Tamil Nadu GST Tax Demand

Mahindra Lifespace Developers Ltd has announced a tax demand of Rs 20.9 million imposed by the Tamil Nadu GST department, including interest and penalties. The order, issued by the Assistant Commissioner of State Tax, Chengalpattu, cites an alleged shortfall in GST payments under Section 74 of the GST Act, 2017. The realty firm refuted the allegations, stating, “Based on the company's assessment, there is no noncompliance, and a general penalty has been imposed.” The company plans to appeal the order, expressing confidence in a favorable resolution. Mahindra Lifespace assured stakeholders ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000