Investments: Rayalaseema To Emerge As Solar Hub, SIPB Clears ₹39,436 Crore Projects
7 April 2026 4:45 PM IST7 April 2026 4:45 PM IST
The Chief Minister reiterated that Andhra Pradesh is committed to become a leader in renewable energy, electronics manufacturing and sustainable industrial growth, while ensuring safety and timely execution of projects..
AP CM N. Chandrababu Naidu | Image Source: X
VIJAYAWADA: Efforts are on to transform Rayalaseema into a major solar power hub, with Chief Minister N. Chandrababu Naidu directing the officials to fully harness the region’s vast renewable energy potential.
The 16th SIPB meeting chaired by the CM on Tuesday approved 31 projects worth ₹39,436.84 crore across sectors, including energy, IT, tourism, food processing and manufacturing. These projects can generate direct employment for 1,11,278 people. Ministers and senior officials attended the meeting.
The CM underscored the need to attract large-scale investments in solar energy, particularly in the Rayalaseema districts. He emphasised the development of robust transmission infrastructure to facilitate seamless power evacuation and enable supply to other states in the future.
Officials said AP has the capacity to generate up to 325gw of solar power. Stressing long-term planning, Naidu called for strengthening transmission networks to avoid under-utilisation issues faced by other states and to position AP as a key player in interstate power supply.
The SIPB approved 31 projects across sectors including energy, industries, IT, tourism and food processing, with a total promised investment of ₹39,436.84 crore. These projects would generate direct employment for 1,11,278 people, giving a significant boost to the state’s economic growth, the meeting heard.
A major thrust was laid on electronics manufacturing, with the CM identifying Sri City, Kopparthy and Anantapur as major hubs for consumer electronics and component manufacturing. He also stressed the need to establish global capability centres to strengthen the IT ecosystem.
In a push towards sustainable industrialisation, the government would promote projects that utilise agricultural, horticultural and aquaculture waste to produce value-added by-products such as ethanol. The SIPB also approved three companies under the Amaravati Quantum Valley initiative, signalling the state’s focus on advanced technology sectors.
The chief minister called for stringent safety protocols across industries, including pharma, steel, green energy and battery storage systems. He directed officials to prepare a comprehensive standard operating procedure aligned with disaster management norms.
Naidu asked departments to ensure that all approved projects are grounded within stipulated timelines and that MoUs signed during investor summits are actively implemented. He emphasised regular monitoring of the progress in SIPB meetings.
To support farmers and allied sectors, the government would expand food processing capacity in line with rising horticulture output and enhance marketing support for crops such as palm oil and cocoa. Special emphasis would be placed on strengthening MSMEs to ensure inclusive growth.
Officials noted that over the past 22 months, the SIPB has cleared 264 projects worth `9.36 lakh crore, generating employment for 9.6 lakh people. “With additional investments from investor summits, the state is poised for a major industrial surge,” they claimed.
Reiterating his vision, the chief minister said AP is committed to becoming a leader in renewable energy, electronics manufacturing and sustainable industrial development, while ensuring safety and timely execution of projects.
The CM underscored the need to attract large-scale investments in solar energy, particularly in the Rayalaseema districts. He emphasised the development of robust transmission infrastructure to facilitate seamless power evacuation and enable supply to other states in the future.
Officials said AP has the capacity to generate up to 325gw of solar power. Stressing long-term planning, Naidu called for strengthening transmission networks to avoid under-utilisation issues faced by other states and to position AP as a key player in interstate power supply.
The SIPB approved 31 projects across sectors including energy, industries, IT, tourism and food processing, with a total promised investment of ₹39,436.84 crore. These projects would generate direct employment for 1,11,278 people, giving a significant boost to the state’s economic growth, the meeting heard.
A major thrust was laid on electronics manufacturing, with the CM identifying Sri City, Kopparthy and Anantapur as major hubs for consumer electronics and component manufacturing. He also stressed the need to establish global capability centres to strengthen the IT ecosystem.
In a push towards sustainable industrialisation, the government would promote projects that utilise agricultural, horticultural and aquaculture waste to produce value-added by-products such as ethanol. The SIPB also approved three companies under the Amaravati Quantum Valley initiative, signalling the state’s focus on advanced technology sectors.
The chief minister called for stringent safety protocols across industries, including pharma, steel, green energy and battery storage systems. He directed officials to prepare a comprehensive standard operating procedure aligned with disaster management norms.
Naidu asked departments to ensure that all approved projects are grounded within stipulated timelines and that MoUs signed during investor summits are actively implemented. He emphasised regular monitoring of the progress in SIPB meetings.
To support farmers and allied sectors, the government would expand food processing capacity in line with rising horticulture output and enhance marketing support for crops such as palm oil and cocoa. Special emphasis would be placed on strengthening MSMEs to ensure inclusive growth.
Officials noted that over the past 22 months, the SIPB has cleared 264 projects worth `9.36 lakh crore, generating employment for 9.6 lakh people. “With additional investments from investor summits, the state is poised for a major industrial surge,” they claimed.
Reiterating his vision, the chief minister said AP is committed to becoming a leader in renewable energy, electronics manufacturing and sustainable industrial development, while ensuring safety and timely execution of projects.
( Source : Deccan Chronicle )
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