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Serentica Renewables to establish 10 GW of RE projects in Andhra Pradesh

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Serentica Renewables has announced plans to develop renewable energy projects with a combined capacity of 10 GW in Andhra Pradesh, supporting both India’s clean energy goals and the state’s green vision.  This initiative aligns with Andhra Pradesh’s target of 72 GW in renewable capacity by 2030, providing a foundation for sustainable industrial growth in the region. Pratik Agarwal, Chairman of Serentica Renewables, emphasized the state’s renewable potential, stating, “Our 10 GW commitment is a bold…

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Andhra Pradesh govt to set up renewable energy zones

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The Andhra Pradesh government has announced plans to set up Renewable Energy Zones (REZs) and a dedicated university for green energy and circular economy as part of its Integrated Clean Energy Policy (ICEP). These initiatives aim to attract large-scale investments and foster clean energy production within the state. The state will provide Viability Gap Funding (VGF) to support ultra-modern green energy power plants and has set a 20% capital subsidy (up to Rs 50 million…

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RECPDCL issues RFP for 4.5 GW renewable power transmission project

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REC Power Development and Consultancy Limited (RECPDCL) has issued a Request for Proposal (RFP) for an interstate transmission system (ISTS) project to evacuate 4.5 GW of renewable energy from the Kurnool-IV Renewable Energy Zone (REZ) Phase 1 in Andhra Pradesh. The bid submission deadline is set for December 30, 2024. This RFP follows a recent RECPDCL tender to establish an ISTS project for expanding the pumped hydro storage network near Talegaon, Pune, Maharashtra.

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Serentica Global plans 10 GW RW projects in Andhra Pradesh

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Vedanta Group’s Serentica Global has announced plans to develop renewable energy projects totalling 10 GW in Andhra Pradesh.  Company officials shared their plans with Nara Lokesh, the State Minister for Education, IT, and Electronics. The Minister highlighted Andhra Pradesh’s goal of achieving 72 GW of renewable energy capacity by 2030 and invited corporations and investors to contribute to this initiative. These large-scale projects are expected to create significant employment opportunities within the state.

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Andhra Pradesh unveils policy to attract Rs 10 trillion investment for clean energy

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The Andhra Pradesh government aims to secure Rs 10 trillion in investments through its newly launched AP Integrated Clean Energy (ICE) Policy, focusing on solar, wind, and round-the-clock renewable energy projects to achieve net-zero carbon emissions by 2047. Chief Minister N Chandrababu Naidu announced the policy, which offers incentives such as affordable land acquisition and power subsidies for specific sectors. The ICE Policy includes a target of developing 78.5 GW of solar capacity, 35 GW…