Andhra: SIPB clears investment proposals worth Rs. 22,302 Cr in power sector; will create 5300 jobs
Ecoren Energy India Pvt Ltd will establish a 200 MW wind power unit in Kurnool
By Newsmeter Network Published on 31 Jan 2024 2:27 AM GMT
Amaravati: Andhra Pradesh State Investment Promotion Board (SIPB) cleared investment proposals worth Rs. 22,302 crore in the energy sector that would create 5300 jobs.
Chief Minister YS Jagan Mohan Reddy chaired the SIPB meeting and cleared the proposal of JSW Neo Energy Ltd to establish four solar power projects across the State to produce 3350 MW of power with an investment of Rs.12,065 Crore.
JSW will establish 400 MW, 1050 MW, 1050, and 850 MW solar power units at Chakrayapeta in YSR District, at Mudigubba in Sri Satya Sai District, at Rapthadu (and Kanaganapally) and D. Hirehal (and Bommnaal) in Anantapuram District respectively. These units will provide direct employment to 3300 people.
It will also establish 171.60 MW wind power projects at Kunukuntla in Owk mandal of Nandyala district and at Jaladurgam in Peapully Mandal of Kurnool district with Rs.1287 crore investment and employment potential for 200 persons.
Aqua Green Engineering Management Pvt Ltd will establish a 1000 MW solar power unit at Puligundlapally in Talupula Mandal of Sri Satya Sai District with an investment of Rs.4000crore and employment potential for 1000 persons.
Ecoren Energy India Pvt Ltd will establish a 200 MW wind power unit at Aspari in the Kurnool district with a Rs. 1350 crore investment providing 200 jobs.
Renew Vikram Shakti Pvt Limited will establish 600 MW wind power projects in Sri Satya Sai and Anantapuram districts with Rs 3600 Crore investment having employment potential for 600 persons.
