New Delhi: The Andhra Pradesh Cabinet on Thursday approved investment proposals worth over Rs 1.4 lakh crore across various industries, including Reliance Industries' AI data centre project in Visakhapatnam.
The decisions were taken at the 49th cabinet meeting chaired by Chief Minister N Chandrababu Naidu at the Secretariat.
Follow The PSUWatch Channel on WhatsApp
"The cabinet approved multiple industrial, energy, IT, food processing and infrastructure proposals worth Rs 1.42 lakh crore aimed at boosting investments, employment generation and industrial growth across Andhra Pradesh," State Information and Public Relations Minister K Parthasarathi said at a press conference.
Among the major approvals, the cabinet cleared allotment of nearly 855 acres to Reliance Industries Limited for establishing a giga-scale AI data centre linked with a cable landing station in Visakhapatnam district.
The (Reliance) project, coming up at Polipalli, Bhogapuram East and Bhogapuram West villages, involves an investment of over Rs 1.08 lakh crore and is expected to generate around 1,000 direct jobs besides large-scale indirect employment in construction, manufacturing and IT services sectors.
The cabinet also approved special incentives for Apollo Tyres Limited for Phase-IV expansion of its tyre manufacturing facility at Varadaiahpalem in Chittoor district with an investment of Rs 6,100 crore, generating employment for around 1,000 people, he said.
The minister said that Royal Enfield, through Eicher Motors Limited, received approval for establishment of a greenfield motorcycle manufacturing facility in Tirupati district with an investment of Rs 2,508 crore and employment potential for 3,000 people.
Similarly, International Food and Fragrance India Private Limited secured approval for setting up a greenfield enzyme manufacturing facility at Indian Farmers Fertiliser Cooperative Limited (IFFCO) Kisan SEZ in Nellore district with an investment of over Rs 3,150 crore and employment generation for 172 people.
The cabinet further approved allotment of 47.6 acres at Orvakal Mega Industrial Hub in Kurnool district to Gridon Energy Private Limited for establishing a 3 gigawatt (GW) solar cell and module manufacturing facility involving an investment of Rs 3,149.5 crore and employment for 320 people.
Further, Chettinad Cement Corporation Private Limited received approval for expansion of its integrated cement plant, including waste heat-based power generation facility in Palnadu district with an investment of Rs 1,340 crore and employment potential for 360 people.
Parthasarathi said that Carrier Airconditioning and Refrigeration Limited was granted approval for establishing an advanced air-conditioning and refrigeration manufacturing facility at Sri City in Tirupati district with an investment of Rs 863 crore and employment generation for 721 people.
The cabinet further approved extension of special incentives to Sneha Farms Private Limited for establishment of four broiler breeder farms and one hatchery in Anantapur and Annamayya districts with an investment of Rs 277.94 crore and employment for 435 people.
In the clean energy sector, the cabinet approved Reliance Industries Limited's proposal to establish a massive 6,600 megawatt (MW) Alternating Current (AC) / 9,000 megawatt peak (MWp) Direct Current (DC) solar power project with a 29,000 Megawatt-hour (MWh) Battery Energy Storage System (BESS) in Sri Sathya Sai district under the AP Integrated Clean Energy Policy-2024, the minister said.
The first phase of the project will include 1,600 MW AC / 2,000 MWp DC capacity along with 7 GWh battery energy storage systems, while government land patches between private lands will be allotted on lease basis at Rs 31,000 per acre annually with a five per cent increase every two years.
The cabinet approved Adani Hydro Energy Eleven Limited's 2,250 MW Gandikota-2 pumped storage project in YSR Kadapa district under clean energy policy provisions.
Approvals were also granted for solar, green hydrogen and green ammonia projects in Nandyal, Anantapur and Tirupati districts, involving multiple private companies.
Several compressed biogas projects were also approved across Vijayanagaram, Tirupati, NTR, Palnadu, Eluru, East Godavari and SPSR Nellore districts under the Andhra Pradesh Integrated Clean Energy Policy-2024.
Meanwhile, the cabinet approved establishment of a special R&D facility by Naval Science and Technological Laboratory (NSTL) at Amaravati Quantum Valley under the AP Quantum Computing Policy 2025-30 for naval applications and hybrid quantum-classical computing research.
Follow PSU Watch on LinkedIN
The state government also approved a draft Request for Proposal (RFP) for selecting a concessionaire under Public-Private Partnership (PPP) mode for the operation, management and development of Uyyalawada Narasimha Reddy Airport in Kurnool district.
Further, the cabinet approved creation of Andhra Pradesh SME Exchange (APSMEX) to improve access to equity and alternate financial resources for MSMEs and also cleared the constitution of a state-level task force for the initiative.
Other approvals included allocation of government land for industrial parks, waste-to-energy projects and hydrological research facilities, amendments to industrial agreements involving Skyroot Aerospace and Ethereal Exploration Guild, and sanction of Rs 790.3 crore for Madakasira branch canal expansion works.
The cabinet further approved implementation of 6,502 canal strengthening and improvement works during 2026-27 with an outlay of over Rs 397.5 crore to improve water management across irrigation systems in the state.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)