News dalla rete ITA

28 Maggio 2025

India

ANDHRA PRADESH PLANS GREEN ENERGY CORRIDOR WORTH ₹28,400 CR

Eyeing major expansion in the renewable energy sector, Andhra Pradesh chief minister N Chandrababu Naidu has proposed a ₹28,436-crore green energy corridor to connect renewable energy power project to the central grid.As Andhra Pradesh gears up for its ambitious target of producing 72 GW of green energy by 2029, Naidu has come up with a plan of a green energy corridor, which will include building transmission network and central substations.According to sources, the green energy corridor will facilitate the evacuation of 11,000 MW of power from renewable energy projects and 7,000 MW from pumped storage projects and would contribute to India's renewable energy capacity addition targets.Andhra Pradesh is facing twin challenges-the first is renewable energy generation potential and pumped storage schemes are concentrated in the Rayalaseema region and need massive transmission networks to evacuate the power while the load growth is primarily in the coastal areas where green hydrogen hubs (NTPC's Green Hydrogen Hub project and Greenko project), data centres and major industries are coming up.The second challenge is that major developers who had been allotted renewable energy sites in the previous regimes are yet to start work and have been squatting on land near substations. The state is unable to add fresh capacity as these projects have not yet taken off the ground.Now, the state government has proposed an Extra High Tension (EHT) transmission network to integrate these energy resources and transmit power to the coastal load centres. On December 17, 2024, Central Electricity Authority had asked states to submit their renewable energy generation projects and corridor details.Within 10 days, on December 27, 2024, Andhra Pradesh had completed system studies and developed a comprehensive network plan to facilitate the evacuation of power. The proposal is now under consideration at the Centre.Like all green energy corridors, 40% of the total project cost will be borne by ministry of new and renewable energy, 40% through a loan and 20% equity by Power Grid Corporation of India. This corridor will also see other states including Rajasthan and Gujarat connecting their projects to the grid.Naidu had declared at the RE Invest conference in August 2024 that Andhra Pradesh will produce 72 GW of green energy by 2029. However, when the state government started analysing how it would achieve this target, it realized that it is unable to add capacity because sites near substations are occupied and the projects have not started.According to sources, most of resource rich sites have been allotted to developers such as Axis Energy, Ecoren and Indosol by the previous governments. It is learnt that over 16,500 MW near prime central substations, encompassing a land area of over 21 lakh acres in the resource-rich Rayalaseema region have been already allotted with no visible progress.A senior government functionary, who did not wish to be identified, told ET, “The state government does not want to immediately cancel the land allotments because it would lead to unnecessary litigation. As it is tightening the screws to make these investors deliver, it has also proposed the green energy corridor to ensure that new projects can come up and can be connected to the grid and evacuation takes place.” This project is likely to come up before the Union Cabinet soon.Read more at:https://economictimes.indiatimes.com//industry/renewables/andhra-pradesh-plans-green-energy-corridor-worth-28400cr/articleshow/121446572.cms (ICE MUMBAI)


Fonte notizia: The Economic Times