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Foundation Stone Laid for Reliance Compressed Biogas (CBG) Plant in Prakasam
The Free Press Journal - Bhopal
|April 03, 2025
In a significant push for clean energy and industrial development, Andhra Pradesh IT & Electronics Minister Nara Lokesh laid the foundation stone for Reliance New Energy's Integrated Compressed Biogas (CBG) Plant near Divakarapalli village, P.C. Palli Mandal, Kanigiri constituency.
This milestone project, spanning 475 acres, marks the beginning of a major investment plan by Reliance in Andhra Pradesh, with a total investment of Rs.65,000 crore aimed at generating 2.5 lakh jobs across the state.
The event saw the presence of Reliance Industries Director P.M.S. Prasad, Reliance Industries Limited AP & TS Mentor P.V.L. Madhava Rao, and Reliance Bioenergy CEO Harindra K. Tripathi. Minister Lokesh emphasized that this initiative aligns with Chief Minister Chandrababu Naidu's P4 Policy, aiming for a poverty-free Prakasam.
"This project is not just about energy but about empowering farmers and creating large-scale employment," Lokesh stated. The plant will utilize Napier grass for biogas production, ensuring a stable income for farmers, with lease payments of Rs.15,000 per acre for government land and Rs.31,000 per acre for private land. Farmers will also receive a fixed price for the grass they cultivate, strengthening the agricultural economy.
Dit verhaal komt uit de April 03, 2025-editie van The Free Press Journal - Bhopal.
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