Andr Pradesh, Niti Aayog and Iseg Foundation entered the Memorandum of Understanding (Memorandum Memorandum (Memorandum) to modify the State Transition. MY was signed in the presence of N. Chandrababa Naida.
On this occasion, Mr. Naida stated that the undistributed Andhra Pradesh promoted the energy sector reforms in the country in 1998. In 2014, the residual state favored renewable energy, allowing the lowest costs to produce. With progress in technology, Andhra Pradesh has taken remarkable steps, he noted.
“The government now carries out new policies that allow people to become producers and consumers. If individuals produce electricity, distribution losses may be excluded. Adoption EV drastically reduces transport costs. We focus on solar, pumped hydro, storage and green hydrogen.
As part of the memorandum, the government intends to increase the share of renewable resources in replenishing the energy capacity. The current installed capacity of energy production in the state is 27.3 GW. In 2025, electricity demand increased to 69.7 BU from 55.6 BU in 2019. Industrial demand increased by 4.8% and household demand by 5.1%. It is assumed that the demand for energy will increase to 163.9 BU by 2035 from 88.6 BU next year.
Under the AP Integrated Clean Energy Policy, The Govenment Targets 78.50 GW Solar, 35 GW Wind, 22 GW Pumped Storage, 1.50 MMTPA Green Hydrogen, 25 GW Battery Storage, 1,500 KLPD ethanol, 5,000 EV Charging Stations, and 10,000 TPD Bio-CNG/CBG by 2029. The State Has Already Attracted ₹ 5.78 Lakh Crore Investments in Clean Energy, permission 57.7 GW of energy production.
The Minister of Energy Gottipati Ravikumar, the CEO of Aayog BVR Subrahmanyam, the main secretary of Vijayanand and representatives of the ISG foundation were present.
Published – 6 June 2025 06:27
