Latest news with #CPSUs
New Indian Express
2 days ago
- Business
- New Indian Express
Kishan seeks Telangana government's cooperation to execute renewable energy projects
HYDERABAD: Union Minister G Kishan Reddy on Thursday sought the cooperation of Telangana government in executing renewable energy projects proposed by Central Public Sector Undertakings (CPSUs) under the Ministry of Coal. In a letter addressed to Chief Minister A Revanth Reddy, the Union Coal & Mines minister said that the CPSUs under the Ministry of Coal, especially the Coal India Limited (CIL) and NLC India Limited (NLCIL), are ready to partner with the Telangana government to implement key renewable energy projects such as solar and wind power plants, pumped storage projects (PSP), and battery energy storage systems (BESS). 'These projects will attract investments of about Rs 10,000 crore in the next three years,' he said. In his letter, Kishan said that the state government's support is required for land acquisition and land allotment for these projects. 'Recognising Telangana's potential in renewable energy generation, the Centre is providing complete support for green energy generation in the state. The chief minister should take a special interest to take this (cooperation) forward,' he said. 'Constructive partnership and proper coordination between the state government and CPSUs are essential for successful implementation of these projects,' he said. 'These projects would play a vital role in reducing carbon emissions, improving air quality and ensuring sustainable natural resource management. These projects also promise significant socio-economic benefits, such as job creation, skill development, enhanced energy security, affordable power access, inclusive growth, and an improved quality of life,' he added.
Hans India
2 days ago
- Business
- Hans India
Kishan urges Telangana to partner in Rs 10,000 crore renewable energy projects
Hyderabad: Union Minister for Coal and Mines G. Kishan Reddy, has formally requested the Telangana Government to collaborate on a major renewable energy initiative proposed by Central Public Sector Undertakings (CPSUs) under his Ministry. In a letter addressed to Telangana Chief Minister A Revanth Reddy on Thursday, the Minister outlined a comprehensive investment plan worth approximately Rs 10,000 crore aimed at boosting green power infrastructure across the state. Highlighting the national significance of the project, the letter stated that key CPSUs—Coal India Limited (CIL), Neyveli Lignite Corporation India Limited (NLCIL), and others—are prepared to implement state-of-the-art renewable energy projects in partnership with the Telangana Government. These include solar and wind power plants, pumped storage projects (PSPs), and advanced battery energy storage systems (BESS) to enhance grid reliability and stability. Among the proposals, the Centre plans to identify high solar potential zones in Telangana for immediate development and initiate feasibility studies for PSPs. To accelerate execution and maximize local economic benefits, joint venture models will be formed either with Telangana State PSUs or directly by central coal companies. However, successful implementation hinges on timely cooperation from the State Government, particularly in facilitating land acquisition and allotment. Minister Kishan Reddy emphasized the importance of constructive and coordinated efforts between the Centre and State to advance India's energy security and environmental protection goals. He reiterated the Central Government's strong commitment to supporting Telangana's green development agenda and recognized the state's vast potential in renewable energy generation. These initiatives, the Minister said, not only contribute to economic growth but also position Telangana as a leading contributor to India's sustainable energy transition. The Union Minister urged CM Revanth Reddy to take a special initiative in pushing these projects forward and assured full cooperation from all CPSUs under the Ministry of Coal.
The Hindu
3 days ago
- Business
- The Hindu
Kishan Reddy seeks CM Revanth's partnership to take up green energy plants under Coal Ministry
Union Minister of Coal & Mines G. Kishan Reddy has urged Chief Minister A. Revanth Reddy to partner with the Central Public Sector Undertakings (CPSUs) under his ministry, including Coal India Limited (CIL) and NLC India Limited (NLCIL), in taking up renewable energy projects, encompassing solar and wind power plants, Pumped Storage Projects (PSP) and Battery Energy Storage Systems (BESS). In an official communication to the Chief Minister, a copy of which was released to the media on Thursday, the Union Minister said these initiatives are projected to attract investments in the range of ₹10,000 crore to TG over the next three years. The proposals are for development of solar power plants utilising Telangana's high solar isolation zones, deployment of advanced BESS systems to enhance grid stability and energy reliability; pre-feasibility studies and implementation of PSPs to provide critical balancing capacity; and formation of joint venture models with State PSUs or on a standalone basis by the coal companies, to ensure faster project execution and maximize local economic benefits. All these proposals and projects would require support in the acquisition or allocation of land by the State Government. They would be instrumental in the reduction of carbon emissions, improved air quality, and sustainable natural resource management, he said. Mr. Kishan Reddy, also the Secunderabad MP, said that the proposals also offer substantial socio-economic dividends, including job creation, skill development, enhanced energy security, and affordable power access, driving inclusive growth and improved quality of life for all. To take these projects to fruition, he has requested that a structured and seamless coordination be established between the State Government and the CPSUs. This can be done with the Chief Minister's 'active and timely engagement' and interventions in ensuring swift and effective implementation of these projects. 'Your leadership in this matter can serve as a model for constructive Centre-State cooperation in building a greener and self-reliant future,' he said. Telangana's substantial renewable energy potential and the Central Government's unwavering commitment to green growth, offers an opportunity to accelerate the State's economic development and position the State as a key contributor to India's sustainable energy transition, he pointed out.
Time of India
3 days ago
- Business
- Time of India
Union Minister Kishan Reddy writes to Telangana CM on tie-up for renewable energy projects
Hyderabad: Union Minister G Kishan Reddy has written to Chief Minister A Revanth Reddy, stating that Central Public Sector Undertakings (CPSUs) under the Ministry of Coal are ready to partner with the state government to implement key renewable energy projects. In his letter on July 16, Kishan Reddy said that PSUs such as Coal India Limited (CIL) and Neyveli Lignite Corporation India Limited (NLCIL) are prepared to collaborate with Telangana on projects including solar and wind power plants, Pumped Storage Projects (PSPs), and battery energy storage systems (BESS), which are expected to attract investments of nearly ₹10,000 crore over the next three years. These projects would play a vital role in reducing carbon emissions, improving air quality, and ensuring sustainable natural resource management, the letter said. They also promise significant socio-economic benefits, such as job creation , skill development, enhanced energy security, affordable power access, inclusive growth, and an improved quality of life, it added. "To bring these projects to fruition, I request that a structured and seamless coordination mechanism be established between the state government and the CPSUs. Needless to say, your active and timely engagement will be instrumental in ensuring the swift and effective implementation of these projects," the union minister further said. Given Telangana's considerable renewable energy potential and the central government's strong commitment to green growth, this collaboration presents an opportunity to accelerate the state's economic development and position it as a key player in India's sustainable energy transition . The developmental synergy between the central and state governments is critical to achieving long-term national priorities such as energy security and climate resilience, while also fostering economic well-being and growth, Kishan Reddy noted.
United News of India
3 days ago
- Business
- United News of India
Union Minister Kishan Reddy urges Telangana CM to support renewable energy projects
Hyderabad, July 17 (UNI) Union Minister for Coal and Mines G Kishan Reddy has written to Telangana Chief Minister Revanth Reddy, urging the state government to extend its cooperation in setting up major renewable energy projects across the state. 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. UNI VV AAB PRS
