Andhra Pradesh approves green energy projects worth Rs 81,000 crore
The Andhra Pradesh State Investment Promotion Board (SIPB) Monday approved investments worth Rs 81,000 crore in the green energy sector, among others. Chief Minister YS Jagan Mohan Reddy, who chaired a meeting of the SIPB, said green energy will change the face of the state’s economy.
In Kopparthi of YSR district, Causis E-Mobility will invest Rs 386.23 crore of which Rs 286.23 crore will be for the electric buses unit and the remaining Rs 100 crore for basic charging facilities. In the first phase, the unit will manufacture 1,000 buses and create employment opportunities for over 1,200 people, said an SIPB source.
