Friday, Jul 1, 2022
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | Andhra Pradesh | Jaganmohan Reddy Stresses On Decarbonised Economy At Wef
Ads

Jaganmohan Reddy stresses on decarbonised economy at WEF

By Telangana Today
Published: Published Date - 04:06 PM, Thu - 26 May 22

Amaravati: Andhra Pradesh Chief Minister YS Jaganmohan Reddy has urged global players to be play a role in creating a decarbonised economy for a better future.

Participating in a panel discussion on the initiatives Andhra Pradesh had taken towards decarbonized economy, at the World Economic Forum in Davos on Wednesday, he referred to the project he had recently laid foundation stone to– the world’s largest integrated renewable energy storage project at Kurnool which has a capacity of 5230 MW in a single location which includes pump storage, solar and wind energy. Andhra Pradesh has the potential of 33,000 MW and getting into decarbonized mechanisms is the need of the hour, he noted, while inviting global organisations to join the state in the endeavour.

“In compliance with Environmental, Social and Governance (ESG), our State showcases the 5230 MW Kurnool plant which has 1650 pump storage capacity with the support of battery, 350 MW of solar project and 960 MW of wind power in one location. The size and scale speaks volumes about the direction in which we are going.

You build a dam and the quantum of water used is just one TMC to drop water during peak hours to generate power and lift it back to the reservoir using solar and wind power during non peak hours. At the end of it you have 1650 MW power that can be given 24 hours a day and it is economic, sustainable and feasible. To generate power from solar and wind and to pump the water back, is the simple concept,” he explained.

In this context, Jagan underscored the need to convert the conventional industry into green industry and pointed out that utilising the power to create hydrogen, ammonia, and desalinate water would become a reality.

Prominent among the panellists who took part in the discussion on the day were CEO of Niti Aayog Amitabh Kant, Aditya Mittal CEO of Arcelormittal Aditya Mittal, Anil Kumar Chalamsetty, MD and CEO Greenko Anil Kumar Chalamasetty, and Executive Vice President Dassault Systems Florence Verzelen.

  • Follow Us :
  • Tags
  • Andhra Pradesh
  • Jaganmohan Reddy
  • YS Jaganmohan Reddy

Related News

  • Telangana raises concern over loss of GST revenue

  • YSRCP heading for massive win in Atmakur bypoll

  • Andhra Pradesh renames Konaseema district after Ambedkar

  • Voting underway for Atmakur bypoll in Andhra Pradesh

  • Nalgonda woman with 2 kids jumps in front of running train in AP

  • Telangana: Woman, her two children die after being hit by a train

Latest News

  • Canada confirms 278 cases of monkeypox

    36 seconds ago
  • Meta warns employees of ‘tough second half’ in internal memo

    8 mins ago
  • Neeraj Chopra claims silver medal at Diamond League, breaks own record

    12 mins ago
  • Udaipur killing: Two accused shifted to Ajmer high-security jail

    12 mins ago
  • Opinion: Landmark move by ILO

    8 hours ago
  • Telangana cybercrime centre saves Rs 15.47 crore from swindlers

    8 hours ago
  • Jubilee Hills gang-rape: Hyderabad City police to file plea before JJB

    8 hours ago
  • Editorial: Yet another toppling game

    9 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam