Andhra Pradesh and Reliance Forge a Green Partnership

The Andhra Pradesh government inked a deal with Reliance Group to establish 500 compressed bio-gas plants, attracting an investment of Rs 65,000 crore. The initiative aims to generate 2.5 lakh jobs, boost revenue, and support environmental sustainability, as part of the state's Clean Energy Policy–2024.

The Andhra Pradesh government, in a significant move to bolster its clean energy goals, has entered into a partnership with the Reliance Group for a massive Rs 65,000 crore initiative.

The accord, signed on Tuesday, involves setting up 500 compressed bio-gas (CBG) plants within three years, as declared by Chief Minister N Chandrababu Naidu.

This investment, set to generate 2.5 lakh jobs, will also contribute Rs 57,000 crore in state revenue and aligns with the state's climate and energy policies.

(With inputs from agencies.)