Telangana clinches Rs 29,000 cr green energy projects under new policy

Hyderabad: Telangana has bagged renewable energy investments worth 29,000 crore from Ecoren Energy India Private Ltd and GPSR Arya Pvt Ltd under the newly launched Telangana Clean and Green Energy Policy 2025. Ecoren Energy will be setting up wind and solar power projects worth Rs 27,000 crore at multiple locations in the state, which are expected to lead to a reduction of around 400 million tonnes of carbon emissions over 25 years.The company's projects are expected generate around 16,200 local jobs and contribute approximately Rs 1,600 crore by way of SGST revenues.Ecoren's projects includes three large-scale renewable energy projects: a 3279MW wind-solar hybrid project at three locations in Sangareddy and Narayanpet districts, a 1650MWp floating solar project at seven locations in Jayashankar Bhupalpally district, and a 650MWp ground-mounted solar project at Jogulamba Gadwal district.On the other hand, GPSR Arya will be setting up 15 compressed biogas (CBG) projects of 15 tonnes per day capacity each, with a total investment of around Rs 2,000 crore through its joint venture companies with oil marketing public sector units such as Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL). The IOC JV company, IOC GPS Renewables Pvt Ltd, will be setting up biogas projects in Medak, Sangareddy, and Siddipet, which will be supplied for city gas distribution (CGD) to Torrent Gas. IOC will be the CGD for Karimnagar, Peddapalli, Rajanna Sircilla, and Jagtial projects, while Megha Gas will be the CGD for the projects in Khammam, Suryapet, Nalgonda, Yadadri, Wanaparthy, and Mahabubnagar.Meanwhile, the BPCL-GPS Renewables Arya JV will supply biogas to Maharashtra Natural Gas Ltd for Kamareddy and Nizamabad city gas distribution. The CBG projects will use agro waste and napier grass, with an expected annual utilisation of around 7.5 lakh metric tonnes of surplus paddy straw. The projects are expected to create around 3000 direct jobs and result in an annual mitigation of around 17.24 lakh MT of greenhouse gas emissions.The two players inked MoUs with the Telangana Renewable Energy Development Corporation Ltd (TGREDCO) in the presence of deputy chief minister Bhatti Vikramarka.