AP Marks Major Milestone in Global Clean Energy Sector: Naidu

Addressing the gathering, the AP CM announced several new projects like development of a Space City at Hope Island near Kakinada to launch satellites, Drone City at Orvakal near Kurnool and 20 seaports along the nearly 1,000-km long shoreline of Andhra Pradesh.

Naidu said launch Drone Taxis could be launched in a year to overcome vehicular traffic congestion on roads, with a man from Annamalai University from Tamil Nadu approaching him with the technology to start Drone Taxis, apart from Drone Ambulances.

The Chief Minister appreciated the promoters of the AM Green Chalamalasetty Anil Kumar and Mahesh Kolli for their commitment to invest $10 billion and wished them all the best.

He recalled that in 1982–83, TDP founder president N.T. Rama Rao assured the AP people to set up a fertiliser firm based on their request. Accordingly, Nagarjuna Fertilisers came up in Kakinada to produce grey ammonia.

“Now, after four decades, green ammonia will be produced,” he stated.

Appreciating Europe as a global major for producing green energy, Chandrababu Naidu said India has targeted to generate 500 GW of green energy with AP’s share being 160 GW, while turning the state into a Green Hydrogen Valley, He said with the state having a long coastline, it would be the best suitable place for generation of energy through solar, wind and pumped storage facilities and also for generation of green hydrogen and green ammonia.

The Chief Minister said AM Green will generate ethanol and green molecules apart from green hydrogen and green ammonia. Thereby, Kakinada will become famous for green energy globally. Green ammonia could be used for natural farming and supplied globally as well.

He pointed out that AP has adopted Speed of Doing Business in order to develop the state in a big way, create wealth and ensure welfare of people. Referring to a survey carried out by Bank of Baroda, he underlined that AP is attracting 25 per cent of total investments made in India. This is due to the trust international investors are having in the government of Andhra Pradesh.

On the power sector, Naidu said his government is making efforts to reduce the annual power procurement cost to ₹1.19 per unit. It has already reduced the cost to ₹4.80 per unit from ₹5.19 per unit.

The Chief Minister called upon industrialists to come forward and use the facilities and incentives being offered to set up industrial units in AP and contribute their share in development of the state.

He reiterated that AP’s Quantum Valley and the first quantum computer will be installed at Amaravati in just nine months.

Naidu said he had been delayed as his helicopter had developed some technical snag. Instead of attending the programme virtually, he has made it a point to come personally, as he is committed to take part in such a development programme at Kakinada.

Earlier, Naidu said nearly 30 lakh people visited AP to celebrate Sankranti festival this year. Near three lakh vehicles from Hyderabad entered AP with people wanting to celebrate the festival at their homes. He said he too visited his home village Naravaripalle and celebrated the festival with his family members.