Naidu to Launch Five Mega Industrial Projects Next Week
ECONOMY & POLICY

Naidu to Launch Five Mega Industrial Projects Next Week

Kickstarting the New Year on a high note for Andhra Pradesh, chief minister N Chandrababu Naidu has lined up mega projects worth Rs 4.8 trillion to be launched on January 8, including two projects promised to the state as part of bifurcation a decade ago.

Andhra Pradesh will initiate at least five industrial projects next week. These include NTPC Green Energy Limited Green Hydrogen Park at Pudimadaka in Visakhapatnam district with an investment size of Rs 1.85 trillion;; a new railway zone at Visakhapatnam and the first phase of Reliance biogas plant project at Ongole in Prakasam district.

According to sources in the CMO, Naidu has invited PM Narendra Modi for inauguration of these mega projects from Visakhapatnam on January 8. The state government is expected to kickstart the mega projects from Andhra University Engineering College grounds on Wednesday.

Another major announcement expected is the new South Coast railway zone headquartered in Visakhapatnam. The Prime Minister is expected to lay the foundation stone for administrative building of the new railway zone. This has been a major achievement for Naidu as the decision has been pending since the bifurcation of Andhra Pradesh in March 2014.

With Naidu's TDP providing crucial support to the BJP-led NDA government at the Centre, the railway zone has become a reality and will now be initiated next week.

A senior government official, who did not wish to be identified, told ET, "The projects will be initiated on Wednesday. These include two projects that were promised to Andhra Pradesh in the Reorganisation Act - BPCL refinery and a separate railway zone. Andhra Pradesh will get these two after a wait of 10 years." Earlier, the PM was scheduled to visit Visakhapatnam on November 29 last year to lay foundation stone for the Green Hydrogen Park, but it was cancelled due to inclement weather conditions.

Kickstarting the New Year on a high note for Andhra Pradesh, chief minister N Chandrababu Naidu has lined up mega projects worth Rs 4.8 trillion to be launched on January 8, including two projects promised to the state as part of bifurcation a decade ago. Andhra Pradesh will initiate at least five industrial projects next week. These include NTPC Green Energy Limited Green Hydrogen Park at Pudimadaka in Visakhapatnam district with an investment size of Rs 1.85 trillion;; a new railway zone at Visakhapatnam and the first phase of Reliance biogas plant project at Ongole in Prakasam district. According to sources in the CMO, Naidu has invited PM Narendra Modi for inauguration of these mega projects from Visakhapatnam on January 8. The state government is expected to kickstart the mega projects from Andhra University Engineering College grounds on Wednesday. Another major announcement expected is the new South Coast railway zone headquartered in Visakhapatnam. The Prime Minister is expected to lay the foundation stone for administrative building of the new railway zone. This has been a major achievement for Naidu as the decision has been pending since the bifurcation of Andhra Pradesh in March 2014. With Naidu's TDP providing crucial support to the BJP-led NDA government at the Centre, the railway zone has become a reality and will now be initiated next week. A senior government official, who did not wish to be identified, told ET, The projects will be initiated on Wednesday. These include two projects that were promised to Andhra Pradesh in the Reorganisation Act - BPCL refinery and a separate railway zone. Andhra Pradesh will get these two after a wait of 10 years. Earlier, the PM was scheduled to visit Visakhapatnam on November 29 last year to lay foundation stone for the Green Hydrogen Park, but it was cancelled due to inclement weather conditions.

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