AP-Genco and NPHC signal pact for improvement of renewable vitality initiatives 

NHPC CMD Raj Kumar Chaudhary (2nd from left) and AP-Genco MD Okay.V.N. Chakradhar Babu (2nd from proper) exchanging copies of the MoU signed by them for improvement of renewable vitality initiatives in Andhra Pradesh within the presence of Chief Minister N. Chandrababu Naidu on Friday, Septebember 27, 2024.
| Picture Credit score: Particular Association

The AP-Energy Era Company Restricted (AP-Genco) MD Okay.V.N. Chakradhar Babu and Nationwide Hydro Energy Company Restricted (NHPC) CMD Raj Kumar Chaudhary signed a Joint Enterprise (JV) settlement for the event of large-scale Renewable Vitality (RE) initiatives within the State, within the presence of Chief Minister N. Chandrababu Naidu, Vitality Minister Gottipati Ravi Kumar on Friday (September 27, 2024).

Particular Chief Secretary (Vitality) Okay. Vijayanand, AP – Transco Joint Managing Director Kirti Chekuri and others had been current. 

The three way partnership facilitates the implementation of photo voltaic vitality and 5 Pumped Storage Hydropower Tasks (PSHP) with an combination capability of 5,070 Megawatts (MW) to fulfill the State’s rising vitality demand and cut back the carbon footprint.

In accordance with an official launch, the AP-Genco stated it had deliberate so as to add an extra 8,560 MW of energy capability via RE initiatives.

The NHPC, with an current put in capability of seven,100 MW, is within the means of increasing its portfolio with an extra 46,400 MW of inexperienced vitality initiatives throughout the nation in an effort to change into a key participant within the nation’s RE panorama.

The New & Renewable Vitality Improvement Company of Andhra Pradesh (NREDCAP) has already  recognized 36 areas for PSHP with a mixed capability of 39,000 MW.

On its half, the AP Genco took steps for the institution of solar energy vegetation with a mixed capability of 11,200 MW to supply enter energy for its new PSHP having a complete capability of 6,020 MW. 

Mr. Naidu emphasised the necessity for such inexperienced vitality initiatives to fight the worldwide problem of local weather change and rising air pollution ranges. The AP – Genco MD stated the Higher Sileru (1,350 MW) and Kamalapadu (950 MW) PSHP in Alluri Sitarama Raju and Anantapur districts respectively could be grounded quickly.