Andhra Pradesh's Ambitious ICE Policy-2024: A Step Towards Energy Self-Reliance
Key Ideas
- Andhra Pradesh's ICE policy-2024 involves a significant investment outlay of Rs 10 lakh crore to boost clean energy sector and generate revenue of Rs 67,000 crore in the next five years.
- The policy aims to attract investments in clean energy, create local employment opportunities, and utilize resources sustainably, aligning with India's economic self-reliance goals.
- The state government has set ambitious targets including generating 78.5 GW of solar power, 35 GW of wind energy, production of green hydrogen, ethanol, and clean tech manufacturing, all in line with the vision to achieve net zero by 2047.
- Measures like setting up solar rooftop capacity, solar pump sets, battery energy storage systems, public charging stations, and clean tech manufacturing units are key highlights of the ICE policy-2024.
The Andhra Pradesh integrated clean energy (ICE) policy-2024, recently announced, outlines a massive investment plan of Rs 10 lakh crore aiming to revolutionize the clean energy sector in the state. Special chief secretary K Vijayanand emphasized the need for collaborative efforts to realize the policy's objectives and contribute to India's economic self-reliance goal. The policy envisions generating an impressive revenue of Rs 67,000 crore in the next five years while creating a robust framework to attract investments, promote local employment, and ensure sustainable resource utilization. With ambitious targets set for solar and wind energy production, green hydrogen, ethanol, and clean tech manufacturing, the ICE policy-2024 aligns with the state government's commitment to achieving net zero by 2047. Various initiatives like solar rooftop installations, solar pump sets, battery energy storage systems, public charging stations, and clean tech manufacturing units underpin the comprehensive approach of the new policy towards fostering renewable energy sources and economic growth through clean technology.
Topics
Green Hydrogen
Renewable Energy
Employment Opportunities
Policy Implementation
Investment Framework
Clean Tech Manufacturing
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