Union Minister Kishan Reddy urges Telangana CM to support renewable energy projects
The Minister stated that Central Public Sector Undertakings (CPSUs) under the Ministry of Coal, particularly Coal India Limited (CIL) and Neyveli Lignite Corporation India Limited (NLCIL), are prepared to invest nearly Rs 10,000 crore in Telangana over the next three years for the development of solar and wind power plants, pumped storage projects (PSPs), and battery energy storage systems (BESS).
In his letter, Kishan Reddy explained that the Central government was ready to identify zones with high solar potential and develop renewable energy infrastructure in those areas. The CPSUs are also looking to introduce advanced battery storage systems to ensure grid stability, and conduct feasibility studies for implementing pumped storage projects that can provide balancing power to the grid.
The Minister proposed the formation of joint ventures between the Telangana State Public Sector Undertakings and Central Government coal companies to speed up project implementation and enhance local economic benefits. However, he noted that these ambitious plans require the support of the state government, especially in the areas of land acquisition and allotment.
Highlighting Telangana's potential in renewable energy generation, Kishan Reddy said the Centre is committed to supporting the state's green development goals with sincerity. He stated that these projects would contribute significantly to the economic development of Telangana and position the state as a key player in India's transition to a sustainable energy future.
The Union Minister requested Chief Minister Revanth Reddy to take a special initiative and extend full cooperation for the successful execution of these projects. He underlined that a coordinated approach between the state and Central governments is essential to achieving long-term goals related to energy security, environmental protection, and self-reliance.
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