Another Big Ticket Investment Powers into Andhra Pradesh.
NTPC Green Energy Limited has signed a mega deal with the Government of Andhra Pradesh to set up renewable energy projects close to a staggering amount of Rs 2 lakh crores!
NTPC green energy limited inked a joint venture with NREDCAP i.e. the New and Renewable energy development corporation of AndhraPradesh limited to set up RE projects across the state.
As per the government the focus will be on generating 25 GW hashtag#solar/Wind 10 GW pumped storage and 0.5 MMTPA hashtag#greenhydrogen.
Commenting on the JV Mr Nara Chandrababu Naidu chief minister of hashtag#Andhra Pradesh said ‘This historic project will create over 1 lakh hashtag#jobs and position our state as a renewable energy leader at the forefront of hashtag#India’s green energy revolution’.
