Andhra Pradesh Powers Up: Naidu Drives Energy Reforms
Andhra Pradesh Chief Minister N Chandrababu Naidu has directed significant reforms to reduce power purchase costs and stabilize the state's energy utilities. Naidu aims to lower costs to Rs 4 per unit by 2028–29, improve efficiency, and promote investments in renewable energy, proposing an energy university and startup support initiatives.
- Country:
- India
In a decisive move to stabilize Andhra Pradesh's energy sector, Chief Minister N Chandrababu Naidu has ordered a series of reforms aimed at reducing power purchase costs.
During a meeting with Energy Department officials, Naidu outlined objectives to cut costs to Rs 4 per unit by the 2028–29 financial year.
He also emphasized leveraging renewable energy to attract major investments, suggesting the establishment of an energy university to foster innovation and technological advancements.
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