Can Telangana CM A. Revanth Reddy Support CPSUs for Renewable Energy Projects?
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Synopsis
Union Minister G. Kishan Reddy has reached out to Telangana CM A. Revanth Reddy, requesting support for CPSUs in renewable energy initiatives. This collaboration could significantly boost Telangana's economy and sustainability efforts, attracting major investments and fostering job creation.
Key Takeaways
- Collaboration between CPSUs and Telangana is vital for renewable energy projects.
- Investment of Rs 10,000 crore is expected over the next three years.
- Projects include solar, wind, and battery storage initiatives.
- Benefits encompass job creation and environmental sustainability.
- Effective coordination between state and CPSUs will enhance project success.
Hyderabad, July 17 (NationPress) Union Minister of Coal and Mines G. Kishan Reddy has called upon Telangana Chief Minister A. Revanth Reddy to provide comprehensive support to Central Public Sector Undertakings (CPSUs) for initiating renewable energy projects within Telangana.
In a correspondence addressed to the Chief Minister, the Union Minister requested his intervention in the process of land acquisition and allocation by the state government for these proposed projects.
Kishan Reddy emphasized that CPSUs under the Ministry of Coal, particularly Coal India Limited (CIL) and NLC India Limited (NLCIL), have shown a robust commitment to collaborating with Telangana to implement significant renewable energy projects, which include solar and wind power plants, pumped storage projects (PSP), and Battery Energy Storage Systems (BESS).
According to the Union Minister, these initiatives are set to draw investments of approximately Rs 10,000 crore over the next three years.
Key proposals encompass the establishment of solar power plants in areas with high solar insolation in Telangana, deployment of cutting-edge Battery Energy Storage Systems to bolster grid stability and energy reliability, conducting pre-feasibility studies for Pumped Storage Projects to deliver essential balancing capacity, and forming joint venture models with State PSUs or operating independently by coal companies to expedite project execution and enhance local economic advantages.
"These projects will be pivotal in reducing carbon emissions, improving air quality, and promoting sustainable natural resource management. They also provide substantial socio-economic benefits, including job creation, skill development, enhanced energy security, and affordable power access, fostering inclusive growth and enhancing quality of life for all," stated Kishan Reddy, who represents Secunderabad in the Lok Sabha.
To bring these projects to realization, he requested the establishment of a well-structured coordination mechanism between the state government and the CPSUs.
"Given Telangana's immense renewable energy potential and the Central Government's steadfast commitment to green growth, this partnership presents an opportunity to expedite the state's economic progress and position Telangana as a key player in India's sustainable energy transition," he concluded.
Point of View
It's evident that the collaboration between Telangana and CPSUs can significantly enhance the state's renewable energy capabilities. This partnership not only aligns with national sustainability goals but also promises economic growth and job creation. The commitment to green energy is a crucial step towards a sustainable future for India.
NationPress
17/07/2025
Frequently Asked Questions
What are the proposed renewable energy projects in Telangana?
The proposed projects include solar and wind power plants, pumped storage projects, and battery energy storage systems.
How much investment is expected from these projects?
The initiatives are projected to attract investments amounting to approximately Rs 10,000 crore over the next three years.
Who are the key players in these renewable energy projects?
The key players include Central Public Sector Undertakings such as Coal India Limited and NLC India Limited.
What benefits will these projects bring to Telangana?
These projects will enhance energy security, create jobs, promote skill development, and contribute to improved air quality.
Why is collaboration between the state and CPSUs important?
Collaboration ensures efficient project execution and maximizes economic benefits for the local community.
