The Andhra Pradesh Government, the NITI Aayog, and the ISEG Foundation entered into a Memorandum of Understanding (MoU) on the State Energy Transition Roadmap on Friday. The MoU was signed in the presence of Chief Minister N. Chandrababu Naidu.
On the occasion, Mr. Naidu said that the undivided Andhra Pradesh had pioneered the power sector reforms in the country in 1998. In the year 2014, the residuary State had prioritised renewable energy, enabling lowest-cost power generation. With advances in technology, Andhra Pradesh made remarkable strides, he observed.
“The government is now implementing new policies that allows people to become both producers and consumers of power. If individuals generate electricity, distribution losses can be eliminated. EV adoption will drastically reduce transportation costs. We are focusing on solar, wind, pumped hydro, battery storage, and green hydrogen. Andhra Pradesh has abundant resources to support this vision. I seek NITI Aayog’s support to realise it,” the Chief Minister said.
As part of the MoU, the government intends to increase the share of renewables in power capacity addition. The current installed power generation capacity in the State is 27.3 GW. The electricity demand increased to 69.7 BU in 2025 from 55.6 BU in 2019. Industrial demand has grown by 4.8% and household demand by 5.1%. The power demand is projected to rise to 163.9 BU by 2035 from 88.6 BU next year.
Under the AP Integrated Clean Energy Policy, the govenment targets 78.50 GW solar, 35 GW wind, 22 GW pumped storage, 1.50 MMTPA green hydrogen, 25 GW battery storage, 1,500 KLPD ethanol, 5,000 EV charging stations, and 10,000 TPD bio-CNG/CBG by 2029. The State has already attracted ₹5.78 lakh crore investments in clean energy, enabling 57.7 GW of power generation.
Energy Minister Gottipati Ravikumar, NITI Aayog CEO B.V.R. Subrahmanyam, Chief Secretary Vijayanand, and representatives of the ISEG Foundation were present.
Published - June 06, 2025 06:27 pm IST