In a boost to the green energy sector in Andhra Pradesh, chief minister YS Jagan Mohan Reddy has 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 ₹60,000 crore by Adani Group in Andhra Pradesh discussed during the World Economic Forum meet at Davos recently, the chief minister on Wednesday cleared the proposal of investment of ₹15,740 crore.
The projects will generate 10,000 jobs across four districts of Andhra Pradesh, according to an official statement by the state government.