CM Jagan is busy during his visit to Davos. He is holding several key meetings and meeting eminent industrialists. More investments in the green energy sector, and three more MoUs.
CM Jagan is busy during his visit to Davos. He is holding several key meetings and meeting eminent industrialists. More investments in the green energy sector, and three more MoUs. Agreements to this effect were signed in the presence of the CM.
A total of 14 thousand megawatts of green energy for Rs. 65,000 crore will be invested. It will also create jobs for 18,000 people. An MoU has also been signed on setting up of SEZ based on green energy in Machilipatnam. On the second day of the Davos Tour, a memorandum of understanding was signed with Adani for an investment of Rs 60,000 crore for 13,700 MW of green energy. The project will create over 10,000 jobs.
Davos will be the venue for a single Rs. The AP government said it had signed MoUs worth Rs 1.25 lakh crore. A Memorandum of Understanding (MoU) has been signed between Greenco and the AP Government for the production of carbon offsets in AP. A memorandum of understanding was reached on the generation of 8,000 MW of green energy. This includes 1,000 MW of pumped storage projects, 5,000 MW of solar projects and 2,000 MW of wind projects. An investment of Rs 37,000 crore will be made for this, which will create jobs for about 10,000 people.
Aurobindo Realty Infrastructure Pvt. Ltd. has entered into a Memorandum of Understanding (MoU) with the State Government on another 6,000 MW of green energy generation. Of this, 2,000 MW will be pumped hydro projects and another 4,000 MW will be solar and wind projects coming to the state.
Aurobindo Realty is currently undertaking these projects using the facilities at Kakinada SEZ. About Rs 28,000 crore will be invested for this. Nearly 8,000 jobs are expected to be created.
Krishnajilla has signed an MoU on setting up an carbon-free industrial manufacturing zone in Machilipatnam. Ace Urban Developers Pvt. Ltd. has entered into an agreement with the State Government. With the help of Green Energy, industrial production will start in this zone and companies will be provided with the necessary facilities.
It has already signed a memorandum of understanding with Adani for an investment of Rs 60,000 crore for 13,700 MW of green energy. The project will create over 10,000 jobs. Davos is a venue within a green energy segment with a budget of Rs. 1.25 lakh crore MoUs signed.
At the AP Pavilion, CM Jagan met Aditya Mittal, CEO of renowned steel company Arcel Vittal. Discussion on Green Energy Production. Aditya Mittal has announced that it is entering the AP in partnership with Greenco.
Revealed that we are participating in the world’s first hydro pumped project. Aditya Mittal announced this at a conference on decarbonized economy after discussions with the CM.