Andhra Pradesh's Green Energy Transition: Strategic Roadmap and Investments
Key Ideas
- Chief Secretary Vijayanand met with a NITI Aayog delegation to discuss a strategic roadmap for a cost-effective energy transition in Andhra Pradesh.
- Andhra Pradesh aims to achieve a Net Zero target by 2047, with plans to have over 160 GW of renewable energy capacity by 2024.
- Efforts are being made to attract investments in renewable energy sources like solar, wind, and green hydrogen power generation.
- NITI Aayog proposed to support Andhra Pradesh in its energy transition by signing a Memorandum of Understanding to achieve the Net Zero target.
In Vijayawada, a delegation from NITI Aayog met with Chief Secretary K. Vijayanand to discuss a strategic roadmap for Andhra Pradesh's transition to cost-effective energy. The Chief Secretary highlighted the state's aim to achieve a Net Zero target by 2047 and outlined plans to surpass 160 GW of renewable energy capacity by 2024. Notably, the government is focusing on developing renewable energy sources such as solar, wind, and green hydrogen power generation. Large investments in various sectors are being pursued, with projects like the Integrated Green Hydrogen Production Project near Visakhapatnam and Greenco Group's green hydrogen production and electrolyzer manufacturing in Kakinada. The NITI Aayog delegation offered support to Andhra Pradesh, drawing on their experience assisting Maharashtra in the energy transition. They proposed signing a Memorandum of Understanding to facilitate the state's journey towards achieving the Net Zero goal by 2047. The participation of key officials including CMD AP EPDCL I. Prithviraj, CMD SPDCL K. Santosh Rao, and CMD CPDCL A. K. V. Bhaskar, along with the NITI Aayog team, signifies a collaborative effort towards sustainable energy development in Andhra Pradesh.