Andhra Pradesh's Green Hydrogen Hub and Infrastructure Development Projects
Key Ideas
- Prime Minister Narendra Modi inaugurated projects worth over Rs 2 lakh crore in Andhra Pradesh, including the state-of-the-art NTPC Green Energy Limited Green Hydrogen Hub Project at Pudimadaka near Visakhapatnam.
- The Green Hydrogen Hub Project entails an investment of approximately Rs 1,85,000 Crore and will have a capacity of producing 1500 TPD Green Hydrogen and 7500 TPD Green Hydrogen derivatives, contributing significantly to India's non-fossil energy capacity target of 500 GW by 2030.
- In addition to the Green Hydrogen Hub, various railway, road projects, and healthcare initiatives were inaugurated to enhance connectivity, reduce congestion, and drive economic growth in the region.
- Infrastructure projects like Bulk Drug Park at Nakkapalli and Krishnapatnam Industrial Area (KRIS City) are expected to create thousands of jobs, attract manufacturing investments, and boost regional progress in Andhra Pradesh.
Prime Minister Narendra Modi laid the foundation stone for a series of projects in Andhra Pradesh, including the pioneering NTPC Green Energy Limited Green Hydrogen Hub Project at Pudimadaka near Visakhapatnam. This project, with an investment of Rs 1,85,000 Crore, aims to be India's largest integrated green hydrogen production facility, focusing on the export market. The hub will produce 1500 TPD Green Hydrogen and 7500 TPD Green Hydrogen derivatives like Green Methanol and Green Urea. It will play a crucial role in achieving India's target of 500 GW of non-fossil energy capacity by 2030. Alongside the Green Hydrogen Hub, the Prime Minister inaugurated various railway and road projects to enhance connectivity and social growth. Projects like the Bulk Drug Park at Nakkapalli and Krishnapatnam Industrial Area (KRIS City) are expected to create numerous jobs and attract investments. The Bulk Drug Park, in proximity to industrial corridors, will boost economic growth, while KRIS City is envisioned as a greenfield industrial smart city attracting manufacturing investments of around Rs 10,500 crore and creating significant job opportunities.
Topics
India
Renewable Energy
Infrastructure
Job Creation
Sustainable Development
Economic Growth
Industrial Development
Healthcare
Manufacturing Investments
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