CM Jagan Initiates Investments in AP’s Energy Sector, Creates New Employment Opportunities

Chief Minister Jagan is leading efforts to attract widespread investments in the state, particularly in the energy sector. The State Investment Promotion Board (SIPB), in a meeting chaired by the CM, has approved significant investments totaling Rs. 22,302 crores.

JSW Neo Energy Limited will establish 3,350 MW solar projects with an investment of approximately Rs. 12,065 crore, generating direct employment for 3,300 people. The Rayalaseema region will witness substantial investments, creating job opportunities for 5,300 individuals.

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Projects include wind power installations, a 1,000 MW solar project by Aquagreen Engineering Management Private Limited, a 200 MW wind power project by Akron Energy India Private Limited, and a 600 MW wind power project by Renew Vikram Shakti Pvt Ltd, collectively providing thousands of direct job opportunities.