Energy Minister Balineni Srinivasa Reddy recognized the Energy Minister N. Srikant, the deputy chairman of the NREDCAP, S. Ramana Reddy, and the CMDs of Disoms for giving the state the number 1 position in the UN Sustainable Development Goal (SDG) – 7 (affordable and clean energy).
NITI Aayog’s recognition of AP as a leader among all states in SDG-7 reflected the effectiveness of the government’s renewable energy projects, according to an official press release.
Andhra Pradesh focused on making it a destination for low-cost electricity as the country worked on percent electrification and 24×7 power to all homes.
Andhra Pradesh has been way ahead of other states in providing high quality and affordable energy, although other states have struggled to achieve the goal of uninterrupted power supply.
“AP utilities bought an average of 3.12 yen in the spot markets, which has helped save about 2,350 billion yen over the past two years,” Srikant said.
In addition, the state government announced a “Renewable Export Policy” for large-scale funding of renewable energy projects for the export of electricity to other countries.