HYDERABAD: In an effort to speed up industrialisation and overcome power shortage problem, the Andhra Pradesh government on Tuesday signed as many as seven memoranda of understanding, including a joint initiative with Government of India, for implementation of 24X7 ‘Power for All’ (PFA) scheme aimed at providing uninterrupted power for domestic, commercial and industrial consumers and for three major projects to produce 2,500 MW of solar power in Rayalaseema.
The government is planning to launch the ‘Power for All’ scheme on October 2. Andhra Pradesh is the third State in the country after Delhi and Rajasthan where the scheme is being launched to ensure 24x7 electricity supply to industrial and domestic sectors.
The MoUs for these projects were signed in the presence of Union Minister of State for Power Piyush Goyal and Chief Minister N Chandrababu Naidu.
Apart from this, an MoU was signed between Hero Motors Limited and Sri City promoters to set up a manufacturing plant at Sri City Special Economic Zone in Chittoor district at an investment of ` 2,200 crore.
An MoU was signed between AP government and NTPC for setting up 2,500 MW solar power plants in Kadapa and Kurnool. The State government also signed another MoU with NTPC for setting up 4,000 MW thermal power project at Visakhapatnam. The NTPC would invest ` 20,000 crore for setting up an ultra mega power project. The AP government allotted 1,200 acres of land. As per the MoU the NTPC will set up a 1,000 MW solar power plant at Kadiri in Anantapur district with an investment of ` 7,000 crore. The government allotted 5,500 acres to NTPC for the solar project.
At Panyam in Kurnool district, NVVNL would set up another 1,000 MW solar power project while a 500 MW plant would come up at Galiveedu in Kadapa district .