Prime Minister Modi Boosts Industrial Development and Green Energy in Andhra Pradesh
Key Ideas
- Prime Minister Modi laid foundation stones and inaugurated projects worth over Rs. 2 lakh crore, including the Krishnapatnam Industrial Area and Bulk Drug Park, to drive significant industrial investments and create jobs.
- The NTPC Green Energy Limited Green Hydrogen Hub Project at Pudimadaka, a part of the National Green Hydrogen Mission, will boost India's green energy capacity with 20 GW renewable energy and production of 1,500 TPD Green Hydrogen.
- The development of the South Coast Railway Zone headquarters in Visakhapatnam fulfills a long-standing demand, aiming to enhance connectivity and facilities in Andhra Pradesh.
- Prime Minister Modi's vision for Andhra Pradesh's development, including becoming a $2.5 trillion economy by 2047, showcases commitment to serving the state's people through initiatives like 'Swarna Andhra@2047'.
In a recent event in Andhra Pradesh, Prime Minister Narendra Modi laid the foundation stone of the Krishnapatnam Industrial Area, a greenfield industrial smart city project under the National Industrial Corridor Development Programme. This initiative is expected to attract manufacturing investments of Rs. 10,500 crore and create around 1 lakh direct and indirect jobs, contributing significantly to regional progress. Additionally, Modi inaugurated the Bulk Drug Park at Nakkapalli, aiming to accelerate economic growth in the area. The Prime Minister also marked the commencement of the NTPC Green Energy Limited Green Hydrogen Hub Project at Pudimadaka, which will facilitate the production of green hydrogen and derivatives, aiding India's goal of achieving 500 GW of non-fossil energy capacity by 2030. This project, with an investment of Rs. 1,85,000 crore, is envisioned as one of India's largest integrated green hydrogen production facilities. Furthermore, the development of the South Coast Railway Zone headquarters in Visakhapatnam represents a significant step in enhancing connectivity and infrastructure in the region. Modi's emphasis on Andhra Pradesh's development, with initiatives like 'Swarna Andhra@2047' and the state's economic growth targets, reflects the government's commitment to serving the state's people and driving industrial progress.
Topics
Cities
Infrastructure
Investment
Job Creation
Green Energy
Sustainable Future
Industrial Development
Railway Zone
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