Andhra Pradesh: CM Jagan Mohan Reddy set to lay foundation of world’s largest integrated renewable energy storage project in Kurnool
Officials said it is the largest such project in the world and will enable the production of green hydrogen and green molecules at a low cost, thereby reducing the LNG import bill to the tune of $25 billion.
Andhra Pradesh Chief Minister YS Jagan Mohan Reddy. (File)
Andhra Pradesh Chief Minister YS Jagan Mohan Reddy is set to lay the foundation for the 5,230 MW Integrated Renewable Energy Storage Project (IRESP) at Kurnool Tuesday. The Rs 15,000-crore power project undertaken by the Greenko Group is located at Gummitham Tanda, Brahmanapalli village in Orvakallu in Kurnool district.
Officials said it is the largest such project in the world and will enable the production of green hydrogen and green molecules at a low cost, thereby reducing the LNG import bill to the tune of $25 billion.
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“It will help in decarbonization to the tune of 50 GWh of electricity daily, offsetting 15 million tonnes of CO2 emissions per annum, which is equivalent to replacing five million cars with electric vehicles or 2.5 million hectares of afforestation,” said an official.
Greenko has signed cloud energy storage contracts with the NIIF-backed Ayana Renewables, ArcelorMittal, Adani Group and also inked an MoU with the NTPC for storage services to deliver peak and round-the-clock renewable energy to the Indian market. Officials said that energy storage is essential and critical for the country in meeting Paris Climate Accord emission goals and boosting energy security.
The project has raised $750 million from green bonds to finance its debt, a first for an under-construction storage project globally.
Sreenivas Janyala is a Deputy Associate Editor at The Indian Express, where he serves as one of the most authoritative voices on the socio-political and economic landscape of Telangana and Andhra Pradesh. With a career spanning over two decades in mainstream journalism, he provides deep-dive analysis and frontline reporting on the intricate dynamics of South Indian governance.
Expertise and Experience
Regional Specialization: Based in Hyderabad, Sreenivas has spent more than 20 years documenting the evolution of the Telugu-speaking states. His reporting was foundational during the historic Telangana statehood movement and continues to track the post-bifurcation development of both Telangana and Andhra Pradesh.
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High-Stakes Politics: Comprehensive tracking of regional powerhouses (BRS, TDP, YSRCP, and Congress), electoral shifts, and the political careers of figures like K. Chandrashekar Rao, Chandrababu Naidu, and Jagan Mohan Reddy.
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Governance & Infrastructure: Detailed analysis of massive irrigation projects (like Kaleshwaram and Polavaram), capital city developments (Amaravati), and the implementation of state welfare schemes.
Crisis & Health Reporting: Led the publication's ground-level coverage of the Covid-19 pandemic in South India and major industrial incidents, such as the Vizag gas leak.
Analytical Depth: Beyond daily news, Sreenivas is known for his "Explained" pieces that demystify complex regional disputes, such as river water sharing and judicial allocations between the sister states. ... Read More
