7 months ago
4
The Andhra Pradesh Cabinet, chaired by Chief Minister N. Chandrababu Naidu, connected Monday (November 10) approved concern proposals worthy ₹1 lakh crore, marking a large propulsion towards concern enlargement and high-technology improvement successful the State.
Addressing a property league aft the Cabinet meeting, Minister for Information and Public Relations (I&PR) Kolusu Parthasarathi said that the Cabinet approved respective large concern projects crossed districts. In the Visakhapatnam district, clearance was fixed for caller concern units astatine Kapuluppada. Similar approvals were granted for aggregate industries successful Tirupati and Orvakal. The Cabinet besides sanctioned the allocation of 50 acres astatine Orvakal for a dedicated Drone Industries Park and different 100 acres to Sigachi Industrial Limited for the constitution of a synthetic integrated chemicals plant.
In Nellore district, onshore was allotted to the Birla Group for mounting up a Fiber Cement Plant, portion successful Anakapalli district, 150 acres were allocated to Dosco India Limited for a caller concern unit. The Cabinet besides approved the constitution of the Veda Innovation Park connected 40 acres astatine Bapulapadu successful Krishna territory and the allocation of much than 300 acres successful Anantapur for a TMT barroom manufacturing plant.
The vigor assemblage received a important boost with the support to found a Renewable Energy Manufacturing Zone connected 1,000 acres successful Ballikurava mandal of Bapatla district. The Cabinet besides cleared an Ordinance to amend the Andhra Pradesh Electricity Duty Act, 1939, aimed astatine protecting State gross and validating past collections.
Government guarantees worthy ₹5,000 crore to APPFCL for HUDCO loans and ₹1,150 crore for DISCOMs were sanctioned to fortify powerfulness proviso operations. A 250 MW star powerfulness task was allotted to M/s SAEL Solar P12 Pvt. Ltd. successful Kurnool district, and the capableness of the Chittamvalasa Pumped Storage Project successful Vizianagaram was enhanced from 800 MW to 1,800 MW by Navayuga Engineering Company Ltd., attracting ₹7,972 crore successful backstage concern without immoderate fiscal load connected the government.
The Cabinet approved an Ordinance to amend the Andhra Pradesh Fire Services Act, 1999, aligning it with the Centre’s 2019 Model Bill to fortify occurrence safety, modernisation, and exigency effect measures. It besides approved peculiar remission for 3 beingness convicts eligible arsenic of June 1, 2025, enabling their merchandise and reintegration into society.
