Andhra Pradesh government, with an eye on the carbon credit market, has decided to go for ‘green power’ on a massive scale. The state plans to produce 9,000 MW solar and wind power in the next five years to earn clean development mechanism (CDM) benefits from carbon credit exchanges. It will establish a ‘Green Corridor’ with several ‘clean energy’ power projects.
“We have planned to produce 5,000 MW solar power and 4,000 MW wind power in joint ventures with major companies in this sector in the coming five years,” Ajay Jain, principal secretary, energy, Andhra Pradesh, told STOI.
The government has decided to allot 500 acres of land in Anantapur for setting up a 100 MW solar farm, and accorded permission to establish a mega 1,000 MW solar park in the same district and another 300 MW solar park in Guntur district. “A new solar power policy to develop solar hubs will be in place very soon,” Ajay Jain said.