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Andhra Bags ₹1,700 Cr Solar Project Lined Up for Telangana
Business Standard
|March 07, 2025
Recently, projects from Telangana were relocated to Gujarat and TN
In yet another instance of states competing against each other for big-ticket investments, the Andhra Pradesh government managed to take away from Telangana a 4-gigawatt (GW) solar photovoltaic (PV) cell manufacturing facility by Premier Energies.
With an investment of around ₹1,700 crore, it was to be set up at Seetharampur Industrial Park in Telangana's Ranga Reddy district but will now be located at Naidupeta Industrial Park in Nellore (Andhra).
This comes even after the company reportedly applied for building permissions to set up both a 4 GW cell facility and a 4 GW module facility at Seetharampur, with a total investment of ₹3,350 crore.
The company said, in a stock exchange filing, that its 4 GW solar PV module line will continue to be implemented at the same location in Seetharampur.
Diese Geschichte stammt aus der March 07, 2025-Ausgabe von Business Standard.
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