Latest news with #Clean&GreenEnergyPolicy2025
New Indian Express
09-08-2025
- Business
- New Indian Express
Telangana aims for global manufacturing hub with Toshiba plant expansion
SANGAREDDY: Laying the foundation stone for the Rs 177 crore expansion of Toshiba's Extra High Voltage Transformer plant, Industries Minister D Sridhar Babu on Friday said the state government was working strategically to position Telangana as a global manufacturing hub. The minister inaugurated two manufacturing facilities—the CRGO Core Processing Centre (Rs 65 crore) and the Surge Arrester Unit (Rs 105 crore)—at the premises of Toshiba Transmission & Distribution Systems India Pvt Ltd in Rudraram, Sangareddy district. The total investment amounts to Rs 347 crore. He said Telangana is expected to record an industrial output of Rs 2.77 lakh crore in 2024–25, with nearly 48% from manufacturing. TG to launch R&D hub with Toshiba: Sridhar 'Within nine months, the state has logged merchandise exports worth Rs 1 lakh crore. Our GSDP growth rate is 8.2%, above the national average,' Sridhar Babu said. Citing the Economic Survey 2024–25, which projects a doubling of India's electricity demand by 2040, the minister said the state has introduced the Clean & Green Energy Policy 2025 and has so far attracted investments worth Rs 29,000 crore in the renewable sector. He also said exclusive green energy equipment zones were being established to attract firms like Toshiba to invest in areas such as battery manufacturing. An R&D hub for smart energy solutions will also be launched in partnership with Toshiba. Sridhar criticised what he described as 'deliberate misinformation' about the state's investment MoUs. 'Today, it is Toshiba—not us—responding to such criticism,' he said. In April, the state government signed an MoU with Toshiba for investments worth Rs 562 crore.
The Hindu
17-07-2025
- Business
- The Hindu
Speed up CGD infra in smaller towns of TG: Sridhar Babu
Industries and IT Minister D. Sridhar Babu, on Thursday, highlighted the need for accelerated rollout of City Gas Distribution (CGD) infrastructure across Tier-2 towns in Telangana to ensure equitable access to clean energy. He called upon the Centre to facilitate more investments in the GAIL (India) - HPCL joint venture Bhagyanagar Gas towards setting up additional CNG stations in urban and semi-urban areas, the Telangana Information Centre in New Delhi said in a release on the Minister's participation in a conference, organised by the Union Ministry of Petroleum and Natural Gas. Mr. Sridhar Babu underscored the necessity for deeper Centre-State collaboration to propel India's clean energy transition and showcased Telangana's progressive initiatives under its Clean & Green Energy Policy 2025. The Minister, who was accompanied by Director of Industries Nikhil Chakravarthy, said that Telangana is committed to playing a vital role in India's energy security. He reiterated the State's readiness to serve as a national model for stable and sustainable energy development. 'With proactive policies, digital infrastructure and industrial preparedness, Telangana is ready to lead India's clean energy revolution,' he told the Urja Manthan 2025 conference, in which Ministers from 22 States deliberated on energy security, clean fuel adoption and intergovernmental cooperation. Citing Telangana's strategic location along the East-West gas pipeline corridor, he urged for enhanced infrastructure and Central investments to support low-cost, gas-based industrialisation. He also sought Central incentives for MSMEs and industries under schemes like SATAT and the National Green Hydrogen Mission. Co-financing of new liquefied natural gas (LNG) and compressed natural has (CNG) terminals by both Central and State governments; promoting investments in compressed bio-gas plants to utilise Telangana's agricultural waste; measures to set up new CBG units and adopting innovative waste-to-energy technologies in agriculture-dense regions were other points the Minister highlighted.
