2 days ago
Telangana mulls dedicated green energy equipment manufacturing zones
Telangana government is setting up dedicated Green Energy Equipment Zones and inviting global majors such as Toshiba to invest in such facilities on sectors like batteries, power components and smart grids, Industries and IT Minister D. Sridhar Babu said on Friday.
The Minister was speaking after inaugurating a ₹65 crore CRGO Core Processing Centre and a ₹105 crore Surge Arrester Line at the Toshiba Transmission & Distribution Systems (India) (TTDI) facility in Rudraram, near Hyderabad. He also laid the foundation for a ₹177 crore expansion of TTDI's power transformers manufacturing line, Mr. Sridhar Babu's office said, sharing breakup of the ₹347 crore investment by the company on the projects.
Citing the Economic Survey (2024–25) estimates that India's domestic electricity demand will double by 2040, the Minister said, 'We are proactively working to attract new industries to meet this demand. The State government has also introduced the Clean and Green Energy Policy – 2025. 'So far, we have attracted investments worth ₹29,000 crore in the clean energy sector. Special plans are being formulated and implemented to scale up new renewable energy capacity to 20,000 MW by 2030,' he said
Toshiba and the Telangana government are also launching a research and development hub for smart energy solutions. There are immense opportunities in Telangana for investments in clean tech, semi-conductors, robotics, and advanced manufacturing, he said, urging Japanese firms to invest in the State.
Separately, the company said the new manufacturing lines are part of the ₹562 crore (Japanese Yen 10 billion) investment commitment TTDI made and signed an MoU with the State government during Chief Minister A. Revanth Reddy's visit to Japan earlier this year. The proposed investment is expected to generate over 250 direct jobs over the three years from FY 2024, further contributing to the socio-economic development of the region. The strategic initiative reinforces Toshiba's long-term commitment to establish India as its manufacturing base and export hub for transmission and distribution (T&D) business, it said.
The CRGO Core Processing Centre has a capacity to process 12,000 tonnes of Cold Rolled Grain-Oriented steel annually, while the Surge Arrester Production Line is designed to manufacture 80,000 units per year. The EHV Power Transformer expansion project will increase TTDI's overall power transformer production capacity from 30,000 MVA per annum to 42,000 MVA per annum. These additions will enhance TTDI's domestic and global supply capabilities to support growing demand in India and international markets.
'Our planned investment will bolster Toshiba's manufacturing footprint in India and contribute to local employment and skills development. We are poised to accelerate our manufacturing capabilities, improve operational efficiency, increase speed-to-market...' TTDI CMD Hiroshi Furuta said.
Labour Minister G. Vivek Venkat Swamy and others participated in the programme.
