AP Identifies 29 Locations For 33 GW PSP Projects By Saur News Bureau/ Updated On Mon, Jul 18th, 2022 Andhra Pradesh Set to Usher 5,314 MW of Renewable Energy Andhra Pradesh has identified about 29 locations across the state for development of Pumped Hydro Storage Projects (PSP) totaling the capacity of 33 GW in 1.45 lakh acres of land in Kadapa, Kurnool, Anantapur districts. Rolling out the PSP projects, Non-Conventional Energy Development Corporation of Andhra Pradesh Limited will help lease around 5 lakh acres land to renewable energy export project developers. The project was given shape following a meeting between the Andhra Pradesh government and Western Australia. Andhra Pradesh has come to realise the exponential potential to generate and export renewable energy even as the investment needed appears to be substantial. International Renewable Energy Agency (IRENA), however, has busted this myth last week. Prudhvi Tej, Joint Managing Director of Transmission Corporation of Andhra Pradesh (APTRANSCO), has been quoted as saying, “The state government is giving top priority to promotion of renewable energy projects and formulated a comprehensive policy to attract investments for establishing wind, solar, hybrid projects on a massive scale in the state. The state’s renewable export policy 2020 has been announced to promote investments in renewable energy sector to attract investors by establishing wind solar hybrid projects which will not only strengthen the sector but also be helpful in generating revenue, create local employment, improve people’s standards of living and boost the industrial and economic development of the state.” RE Success Could Have Prevented Frequent Power Cuts In AP Also Read The renewable energy projects will need vast land for which the state government has committed to procurement, aggregation of land at potential locations for allotment to the project developers on a lease basis. In the next five years, Andhra Pradesh has outlined a target of minimum 5 GW solar capacity additions, developing solar parks with utility infrastructure facilities, promoting distributed generation, deploying solar powered agriculture pump sets and promoting local manufacturing facilities. Andhra Pradesh has invested the same level of energy and time into the wind and solar-hybrid power policy as solar. It has set its sights on encouraging large grid connected wind solar PV systems, optimal utilisation of transmission infrastructure as well as vitalising new and other emerging technologies. Andhra Pradesh And Adani Green Sign 60,000 Cr MoU Also Read Tags: 1.45 lakh acres of land, 29 locations, 33 GW, 5 lakh acres of land, Anantapur, Andhra Pradesh, Andhra Pradesh Renewable Energy Export Policy 2020, Hydro PSP, I Prudhvi Tej Joint Managing Director of APTRANSCO, Kadapa, Kurnool, Non-conventional Energy Development Corporation of Andhra Pradesh Limited