In a major boost to the green energy sector in Andhra Pradesh, Chief Minister YS Jagan Mohan Reddy on Wednesday cleared pump storage projects proposed by Adani Green Energy with a total capacity of 3,700 MW while chairing the State Investment Promotion Board (SIPB) review meeting at his camp office in Tadepalli.
As part of the proposed total investment of Rs 60,000 crore by Adani Group in Andhra Pradesh discussed during the World Economic Forum meet at Davos recently, the Chief Minister has cleared the proposal of investment of Rs 15,740 crore.
The project will generate 10,000 jobs across four districts of Andhra Pradesh, according to an official statement by the state government.
