ANAKAPALLI PROJECT
Google secures discom licence for Vizag data centre hub
Google has received a power distribution license for its upcoming 1 GW data centre hub in Visakhapatnam. This is a significant step for the $15 billion project, the largest single foreign direct investment in India. The license allows Google to directly manage its electricity supply.
$15 billion investment: Google to kick off data centre project on April 28
So far, Google and its subsidiaries have data centres in 11 countries - the United States, Taiwan, Japan, Singapore, Ireland, the Netherlands, Denmark, Finland, Germany, Belgium, and Chile, spread across 29 geographic locations. The data centre cluster in Visakhapatnam is expected to be Asia's largest.
BJD vs BJP over 'shifting' of steel plant to Andhra Pradesh
A political dispute has erupted between the BJD and BJP over a major steel plant. The BJD claims the ArcelorMittal Nippon Steel project, initially planned for Kendrapara in Odisha, has been moved to Andhra Pradesh. Odisha's Industries Minister stated the company can invest anywhere and its Odisha plans are proceeding.
Andhra Pradesh targets $2.4 trillion economy by 2047, eyes 15% CAGR with sectoral cluster push
Andhra Pradesh targets a $2.4 trillion economy by 2047. The state aims for a 15% annual growth rate. Investments are flowing into Andhra Pradesh, with 25.3 rupees of every 100 rupees invested in India coming to the state. The government has formed 22 clusters for sectors including steel, automobiles, and electronics. Andhra Pradesh is positioned as a strategic manufacturing hub.
Andhra CM lays foundation for Rs 1.36 lakh crore ArcelorMittal Nippon Steel India steel plant
Andhra Pradesh Chief Minister N Chandrababu Naidu initiated the foundation for a massive ArcelorMittal Nippon Steel India steel plant. This project in Rajayyapeta will have a capacity of 17.8 million tons per annum. It is expected to create one lakh direct and indirect jobs.
- Go To Page 1
Stocks in news: Adani Ports, Fino Payments Bank, GAIL, BEL, SpiceJet
Equity markets faced pressure last week due to geopolitical tensions and tech stock weakness. Investors are reacting to the Iran-US-Israel conflict, with analysts predicting a negative near-term impact. Several stocks like Adani Ports, Fino Payments Bank, GAIL, BEL, and SpiceJet are in focus due to various news developments.
Blue Jet Healthcare to invest Rs 2,300 crore in mega pharma facility in Andhra
Blue Jet Healthcare is building a major pharmaceutical plant in Andhra Pradesh. The ₹2,300-crore facility will manufacture specialty chemicals and intermediates, creating a large number of jobs and enhancing India’s manufacturing capabilities. It is slated to become operational by FY 2028-29, strengthening India’s position in global pharmaceutical supply chains.
Waaree Energies shares in focus as company holds talks with Andhra Pradesh government to set up a gigafactory
Shares of Waaree Energies are in focus after the company confirmed talks with Andhra Pradesh and other states to set up a 16–20 GWh lithium-ion battery gigafactory. The Rs 8,000–8,175 crore project, approved by the state, aims to create 3,000 jobs and strengthen India’s clean-energy and storage capabilities.
Waaree Energies set to develop Rs 8,000 crore lithium-ion battery gigafactory in Andhra
Waaree Energies will establish India's largest integrated lithium-ion battery gigafactory in Andhra Pradesh. The project, costing Rs 8,175 crore, will be located in Rambilli, Anakapalli district. This facility will manufacture battery cells, packs, and large-scale Battery Energy Storage Systems. It is expected to create 3,000 direct jobs.
Waree unit to set up ₹8,175 crore battery gigafactory in Andhra Pradesh
Waree Energy Storage Solution plans to set up a 16 GWh lithium-ion gigafactory in Andhra Pradesh’s Anakapalli district with an investment of ₹8,175 crore, in what is expected to be India’s largest integrated battery manufacturing facility covering cells, battery packs and grid-scale storage systems.
Andhra government boosts land allotment for Google AI data centers to 600 acres
The Andhra Pradesh government has approved an increase in land for Raiden Infotech, a Google company. Over 600 acres will now be allocated for AI data centers valued at nearly Rs 90,000 crore. The land will be provided in Visakhapatnam and Anakapalli districts. Adani Infra (India) Ltd is the notified partner for this project.
Lord’s Mark to illuminate accident-prone highways with t data-driven solar design
Lord's Mark Industries Limited is taking significant strides in enhancing road safety by rolling out solar highway lighting in Vijayawada at 104 identified accident hotspots. This innovative project utilizes data-driven strategies to effectively tackle issues of glare and driver reaction, aiming to play a vital role in reducing road mishaps.
Bhabha Atomic Research Centre to set up 3,000-acre R&D campus in Andhra Pradesh's Anakapalli
Bhabha Atomic Research Centre (BARC) is establishing a new 3,000-acre R&D campus in Anakapalli district, Andhra Pradesh. The center has requested diversion of 148.15 hectares of forest land adjacent to already acquired revenue land for this strategic project. The Expert Appraisal Committee has recommended 'in-principle' approval for the land diversion.
Andhra approves Rs 4,000-crore ReNew Photovoltaics solar ingot, wafer facility
Andhra Pradesh has approved a major solar manufacturing plant. ReNew Photovoltaics will build a Rs 4,000-crore facility in Anakapalli district. This project aims to boost India's solar capacity and reduce reliance on imported components. The plant is expected to be operational by January 2028, creating many jobs.
Andhra Pradesh to get India's 1st 6 GW solar ingot-wafer unit
India's first integrated 6 GW solar photovoltaic ingot and wafer manufacturing plant will be established in Anakapalli, Andhra Pradesh, by ReNew Photovoltaics. This ₹3,990 crore greenfield unit aims to reduce reliance on Chinese imports and bolster India's solar capacity targets. The project, supported by the PLI scheme, is expected to create 1,200 jobs and commence commercial production by January 2028.
Andhra govt allots 480 acres for Adani-Google AI data Centre in Visakhapatnam
Andhra Pradesh government has allocated 480 acres in Visakhapatnam and Anakapalli districts to Adani Infra for a 1 GW AI Data Centre. Raiden Infotech India, a Google company, is spearheading this massive project, which involves a cumulative investment exceeding Rs 87,500 crore. The state anticipates significant incentives for this development, set to meet Google's high operational standards.
Green nod to India’s largest steel plant in Andhra Pradesh
India's largest greenfield steel plant is set to be built in Anakapalli, Andhra Pradesh. AM/NS India secured environmental approval and land for an 8.2 million tonnes per annum facility. The project involves an initial investment of Rs 80,000 crore. Work is expected to begin within the calendar year. The plant's capacity may later expand to 24 MTPA.
Andhra CM seeks Defence Minister's support to transform state into aerospace, defence industries hub
Andhra Pradesh aims to become a major aerospace and defence hub. Chief Minister N Chandrababu Naidu has requested Defence Minister Rajnath Singh's assistance. He seeks investments in defence public sector undertakings and the establishment of an air force station. Naidu has proposed five hubs for aerospace and defence industries. He also wants a DRDO center at IIT Tirupati.
RVNL shares rise 2% as company secures Rs 554 crore highway project
RVNL shares: The contract entails the construction of a six-lane access-controlled road connecting to the Visakhapatnam Port in Andhra Pradesh. This crucial infrastructure project is expected to enhance regional trade and improve transportation efficiency.
RVNL shares in focus after bagging Rs 554.64 cr worth project from NHAI
RVNL shares: The project entails building a 6-lane access-controlled road to Visakhapatnam Port, spanning from Sabbavaram to Sheelanagar junction and bypassing the Anakapalli-Anandapuram corridor.
Davos: Arcelor Mittal Nippon Steel's Rs 1.4 lakh crore investment boosts Andhra Pradesh's industrial landscape
Andhra Pradesh CM N. Chandrababu Naidu announced a Rs1.4 lakh crore investment by ArcelorMittal/Nippon Steel for a 17.8-million-ton integrated steel project in Anakapalli at the WEF in Davos. Ministers Nara Lokesh and T.G. Bharat highlighted the state's investment-friendly ecosystem and proposed additional projects in petrochemicals and solar cell manufacturing, receiving positive responses from Lakshmi Mittal.
Privatising Vizag Steel Plant will not arise as Centre approved revival package: Andhra CM
Andhra Pradesh CM Chandrababu Naidu announced the Centre's approval of Rs 11,440 crore to revive the Vizag Steel Plant, dismissing privatisation concerns. He urged responsible use of funds and collaboration with NMDC for raw materials. Naidu also highlighted significant investments and upcoming projects in the North Andhra region, emphasizing the government's commitment to development.
Reliance Power to invest Rs 10,000 cr in Andhra solar projects
Reliance Power plans to invest over Rs 10,000 crore in a solar plant and an integrated solar manufacturing facility in Andhra Pradesh. The project includes a 930 MW solar power plant and will be the largest of its kind in Asia. It is expected to create around 6,000 jobs both directly and during construction.
PM Modi inaugurates projects worth over Rs 2 lk cr in Andhra Pradesh
Prime Minister Narendra Modi virtually inaugurated and launched projects worth over Rs 2 lakh crore in Andhra Pradesh. Projects include a railway zone, an integrated green hydrogen hub and industrial hubs. These projects are expected to generate significant employment opportunities. AP Chief Minister N Chandrababu Naidu and Deputy CM Pawan Kalyan attended the event.
Naidu to launch five mega industrial projects next week
Andhra Pradesh will initiate major projects worth ₹4.8 lakh crore on January 8. This includes NTPC's Green Hydrogen Park, ArcelorMittal/Nippon Steel's integrated steel project, Bharat Petroleum's refinery, a new railway zone in Visakhapatnam, and the first phase of Reliance's biogas plant. PM Narendra Modi has been invited to inaugurate these projects.
Rs 6,688 crore highway, port connectivity projects launched in Andhra Pradesh
Gadkari, the minister for Road Transport, Highways and Shipping, also dedicated to the nation a connectivity road from Visakhapatnam Port to NH-16, executed at a cost of Rs 100 crore.
Dilip Buildcon wins Rs 2,013-crore highway project in Andhra Pradesh
The project pertains to the six-laning of a section of the national highway under the Bharatmala Pariyojna on hybrid annuity mode.
NTPC to set up power projects in Andhra Pradesh and Telangana
Telangana government has identified the land required for the project and the NTPC board has recently approved the feasibility report for the project.
Load More
