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Business Standard
2 days ago
- Business
- Business Standard
Andhra Pradesh Cabinet approves establishment of state Quantum Mission
The Andhra Pradesh Cabinet on Wednesday approved the establishment of a state Quantum Mission, Minister K Parthasarathy announced. The decision was taken during a Cabinet meeting chaired by Chief Minister N Chandrababu Naidu. Addressing the media at the Secretariat, the Information and Public Relations Minister said the proposal was put forth by the Department of IT, Electronics and Communications and aims to align with India's broader National Quantum Mission (NQM). A Quantum Valley will be developed in the capital city of Amaravati, with 50 acres of land earmarked for the project. "In future, Andhra Pradesh will be on top in the world in quantum computing. From schools to universities, all of them will be involved in training," Parthasarathy said. The state government has formed a committee of experts on quantum computing to guide the mission. The initiative seeks to embed quantum-related training across education levels, from schools to higher education institutions. What is the National Quantum Mission? The National Quantum Mission is a central government initiative aimed at advancing quantum technology and applications in India. Approved at a total outlay of ₹6,003.65 crore, it runs from 2023–24 to 2030–31 and supports infrastructure, research, and human resource development. Key projects approved by Andhra Pradesh Cabinet • ₹57 crore for viability gap funding at Uddhanam in Srikakulam district • ₹82 crore for drinking water projects in Kuppam, Chittoor district Other Cabinet decisions • Promotion of 248 Andhra Pradesh Special Police (APSP) constables to head constables • Health and Family Welfare Department's proposal to achieve a world record on International Yoga Day on 21 June • Industries Department's plan to establish one MSME park in each assembly constituency


Hans India
15-05-2025
- Business
- Hans India
ReNew Power to set up renewable energy complex in Anantapur
Vijayawada: In a landmark moment for India's renewable energy sector, ReNew is set to re-enter Andhra Pradesh with a Rs 22,000 crore investment to develop the country's largest single-site renewable energy complex in Anantapur. The breakthrough comes following a strategic meeting between Nara Lokesh, Minister for Information Technology, Electronics and Communications, and Sumant Sinha, Chairman & CEO of ReNew, during the World Economic Forum at Davos. This high-level engagement paved the way for ReNew return, ending a six-year investment pause in the State. The groundbreaking ceremony for the project will be held on Friday, (May 16), by Nara Lokesh. This is the first major project under the Integrated Clean Energy (ICE) Policy, introduced by the Andhra Pradesh government in October 2024, offering structured incentives and fast-track approvals for clean energy investments. ReNew was the largest renewable energy investor in the State prior to 2019, with 777 MW installed capacity. However, the company suspended further development due to PPA cancellations during the previous administration. Its return signifies a strong vote of confidence in the policy stability and proactive leadership of Chief Minister N. Chandrababu Naidu. 'This project is a testament to Andhra Pradesh's resurgence as a national leader in clean energy,' said N Lokesh. 'We are building not just capacity, but credibility and global investor confidence.' The project aligns with Andhra Pradesh's ambitious target of 72 GW renewable energy capacity by 2029, as announced during RE Invest 2024. The past eight months have seen a wave of clean energy investments from major players including, Tata Power – 7,000 MW | Rs 49,000 crore; NTPC (Green Hydrogen) – Rs 1.86 lakh crore; Vedanta's Serentica – 10,000 MW | Rs 50,000 crore; Brookfield – 8,000 MW | Rs 50,000 crore; and SAEL Industries – 1,200 MW | Rs 6,000 crore. Andhra Pradesh is fast emerging as India's most investor-friendly clean energy hub.


Hans India
08-05-2025
- Business
- Hans India
Lokesh to lay stone for Rs 5,001 cr LG plant in Sri City today
Tirupati: South Korean electronics giant LG is set to establish its third manufacturing unit in India with an investment of Rs 5,001 crore. The new facility will come up in Sri City, marking the company's first unit in the southern region of the country. The groundbreaking ceremony is scheduled for Thursday, with Minister for Education and IT, Electronics and Communications Nara Lokesh to lay the foundation stone. The Andhra Pradesh government gave its nod for the mega investment in April. The project will be LG's third plant in India after its existing units in Pune and Noida. The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has allotted 188 acres of land near Kolladam village in the Phase 2 expansion area of Sri City for the initial phase. An additional 70 acres will be provided in the second phase. The state government has also extended a customised incentive package to support the project. This includes complete water subsidy for 20 years, and exemptions from stamp duty and registration charges. Once operational, the plant is expected to generate direct employment for around 1,500 people, while nearly 5,000 others are likely to benefit from indirect employment opportunities across Tirupati, Nellore, and neighbouring districts. In view of the Thursday's event, District Collector Dr S Venkateswar, along with Superintendent of Police V Harshavardhan Raju, Sri City MD Ravindra Sannareddy, Joint Collector Shubham Bansal, Additional SP Ravi Manoharachari, Sullurupeta RDO Kiranmayi, and representatives from LG conducted an inspection of the arrangements at the project site on Wednesday. They reviewed the preparations for Minister Lokesh's visit. District Collector S Venkateswar, SP V Harshavardhan Raju, Sri City MD Ravindra Sannareddy and others discussing groundbreaking ceremony arrangements at Sri City on Wednesday


New Indian Express
26-04-2025
- Business
- New Indian Express
AI model: 300 officials get training in Andhra
VIJAYAWADA: The State government's ambitious push toward an AI-driven governance model gained momentum on the second day of an intensive training workshop aimed at equipping 300 officials with critical AI capabilities. The initiative, which brings together 100 designated AI Champions and 200 AI Catalysts from across departments, marks a major step in the State's digital transformation efforts. The officials are undergoing a rigorous four-day residential programme designed to foster a deep understanding of how AI can be leveraged to improve public service delivery and enhance departmental efficiency. This hands-on training is being conducted in collaboration with the Wadhwani Centre for Government Digital Transformation (WGDT), which is offering its expertise and support free of cost. AI Champions will play a pivotal role in crafting department-level AI strategies, identifying potential projects, and overseeing their execution. Their mandate also includes evaluating technologies and driving continuous learning within their teams. Meanwhile, AI Catalysts are being trained to assist with project management, knowledge dissemination, and monitoring of ongoing AI initiatives. The program is structured into three phases. The first is in-person training, focusing on AI fundamentals, strategy formulation, use case identification, and project management. The second phase will involve ideation and the development of Proof of Concept (PoC) projects tailored to departmental needs. Finally, participants will present their projects before a jury for potential full-scale implementation. The Information Technology, Electronics and Communications (ITE&C) Department will support this initiative by providing the necessary technical infrastructure and resources. Departments have been asked to nominate officials with experience in technology and eGovernance to ensure effective implementation.