Suzlon, Axis Energy Group to set up 4.000-MW projects in AP

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Suzlon Energy and Axis Energy Group have signed up with Andhra Pradesh for setting up of 4,000 MW of wind, solar and hybrid renewable energy projects.

Ajay Jain, State Secretary Energy, Tulsi Tanti, Chairman Suzlon Group, and K Ravi Kumar Reddy, Managing Director, Axis Energy Group, had signed memorandums of understanding in the presence of the Andhra Pradesh Chief Minister, N Chandrababu Naidu, late on Friday.

Under this MoU, Suzlon and Axis will set up solar, wind and hybrid plants with an estimated production capacity of 4,000 MW in Anantapur and Nellore districts over the next five years. They will also set up a 1,000 MW wind turbine generator unit.

Skill development centre

As part of efforts to boost renewable energy in the State, it is proposed to set up a skill development centre in Anantapur.

It is estimated that these projects will provide 8,000 direct and 25,000 indirect employment opportunities in the State, according to a statement from the Chief Minister’s Office.

Energy University

That apart, Suzlon Energy will also provide guidance for the setting up of Energy University that will soon come up in Amaravati.

A Board on Renewable Energy will also be constituted.

Within five years, the State expects to add 4,000 MW of green power through this association.

The Chief Minister expressed happiness over signing of the agreement and hoped that both sides begin work immediately on the proposed projects.

He said: “The Union Government aims to achieve 1.75 lakh MW of renewable energy by 2021; of this, Andhra Pradesh aims to achieve 1.18 lakh MW.”

By 2021-22, the State Government aims to tap renewable energy to reduce carbon emissions by 252 lakh tonnes, he added.

Source: The Hindu Business Line

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