AP expects RS.95,000 Cr investments in power sector
YS Jaganmohan Reddy has asked officials to work on special plans to supply coal to thermal power stations continuously.
- Andhra Pradesh
NewsTAP Bureau- Updated On:12 Oct 2022 3:41 PM GMT
AMARAVATI: Andhra Pradesh Chief Minister YS Jaganmohan Reddy, has asked officials to work on special plans to supply coal to thermal power stations continuously. He has also asked them to maintain enough stocks by ferrying supplies from indigenous coal blocks like Mahanadi in Odisha and Suliyari at Singrauli in Madhya Pradesh
The Chief Minister outlined the need for maintaining enough coal reserves in the state to avoid power cuts for the next summer. "In view of the increased prices of imported coal, it is necessary to work with perfect strategies to draw supplies from coal blocks in the country," said the Chief Minister.
The officials informed the Chief Minister that they had received proposals from industrialists offering investments worth Rs. 95,000 crores to establish hydrogen-based power utilities, hydrogen e-methanol, green ammonia and offshore wind power units at Pudimadaka in Visakhapatnam district and near Kakinada port. Most of these proposals had come from ReNew Power company, NTPC and other companies.
The 800 MW power unit at Krishnapatnam is ready for inauguration later this month while another 800 MW power unit at Vijayawada Thermal Power station would be ready by March next. The officials also informed the Chief Minister about the progress of works at the Polavaram Project power unit and preparation for calling tenders for the 1350 MW power unit at Upper Sileru.
