GoAP signs Rs 65,000 Cr MoU with Reliance for 500 bio-gas plants

Andhra Pradesh: The Government of Andhra Pradesh (GoAP) has secured a transformative Rs 65,000 crore investment with Reliance Industries for establishing 500 Compressed Bio Gas (CBG) plants statewide, marking a major leap towards clean energy and sustainable development. This landmark agreement promises to generate substantial employment and position Andhra Pradesh as a national leader in green energy initiatives.

Reliance’s investment to boost employment and clean energy

With this investment, Reliance Industries aims to create 2.5 lakh job opportunities in Andhra Pradesh, significantly enhancing local livelihoods and supporting green infrastructure. The initiative is part of Reliance’s broader national goal of setting up 2,000 CBG plants, with Andhra Pradesh receiving a dedicated 500 plants over the next three years.

Andhra Pradesh as a green energy pioneer

This partnership aligns with the state’s Integrated Clean Energy Policy, which promotes sustainable practices and attracts major industrial investments. By focusing on bio-fuel technology, Andhra Pradesh is poised to lead in the clean energy transition, becoming a preferred destination for eco-conscious industries and investors.

Driving multisectoral growth through bio-gas infrastructure

Reliance’s commitment goes beyond clean energy; the establishment of CBG plants is expected to catalyze growth across various sectors, including agriculture, transport, and rural development. This strategic collaboration reinforces Andhra Pradesh’s efforts to build a robust, sustainable economy while fostering eco-friendly advancements in energy and industry.

Integrated clean energy policy as a catalyst

The MoU signifies the GoAP’s proactive approach to sustainable industrialization. Through initiatives like the Integrated Clean Energy Policy, Andhra Pradesh continues to attract high-impact investments, steering the state towards a more resilient and environmentally conscious economic future.