Andhra Pradesh government clears Rs 1.10 trillion proposal of NTPC for new energy park

Andhra Pradesh State Investment Promotion Board (SIPB) has, reportedly, cleared NTPC Limited’s proposal to set up a new energy park at Pudimadaka in Anakapalli, Andhra Pradesh to produce products out of green hydrogen, green ammonia and green methanol at a cost of Rs 1.10 trillion in two phases.

Each phase will receive an investment of Rs 550 billion. The first and second phases would be completed by 2027 and 2032 respectively.