Andhra Pradesh Gears Up for Multi-Billion Dollar Projects with PM Modi's Visit
Key Ideas
- Andhra Pradesh plans to kick-start big projects with a total investment of Rs4.8 lakh crore, including the South Coast Railway Zone and NTPC's green hydrogen project.
- Prime Minister Narendra Modi is set to lay the foundation stone for these projects during his visit on January 8.
- The green hydrogen project, a joint venture between NTPC Green Energy Ltd and NREDCAP, aims to be the largest green energy project in India, producing 1,500 tonnes of green hydrogen per day.
- Additional projects such as an integrated steel plant and a refinery complex are also being considered to be included in the Prime Minister's visit itinerary.
The Andhra Pradesh Government is preparing to launch several major projects with an investment of Rs4.8 lakh crore in the state. Prime Minister Narendra Modi is expected to visit Visakhapatnam on January 8 to lay the foundation stone for the South Coast Railway Zone and NTPC's green hydrogen project in Pudimadaka. The railway headquarters construction is underway with an estimated cost of Rs149.16 crore. The green hydrogen project, a collaboration between NTPC Green Energy Ltd and NREDCAP, aims to be a significant green energy initiative in India. Plans for additional projects like an integrated steel plant and a refinery complex are being discussed. These projects were promised to Andhra Pradesh during the 2019 elections, with execution delayed for various reasons. The government is working towards fulfilling these commitments and attracting substantial investments for the state's development.