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    CleanMax plans ₹50,000-crore investment in Andhra Pradesh to power 2 GW green compute factory

    CleanMax Enviro Energy Solutions Ltd has signed an MoU to invest ₹50,000 crore in Andhra Pradesh for developing clean energy. The investment will include 3 GW of renewable capacity and a compute factory in Kurnool district. They plan to ensure round-the-clock electricity through integrated power infrastructure combining wind, solar, and storage systems. Additionally, CleanMax will implement training programs for local youth and upgrade educational infrastructure.

    Shree Cement to invest Rs 7,000 crore in Andhra Pradesh; plans plants in 3 districts

    Shree Cement Ltd plans to invest Rs 7,000 crore to establish cement plants in Andhra Pradesh. The company will set up facilities in Kadapa, Anakapalli, and Guntur districts. This decision comes after incentives from the coalition government led by Chief Minister N Chandrababu Naidu. Shree Cement aims to increase its production capacity beyond 80 million tonnes in the near future.

    SLN Coffee to set up Rs 3,500 crore food processing unit in Andhra Pradesh, its first plant outside Karnataka

    SLN Coffee, based in Coorg, signed an MoU with the Andhra Pradesh government for a significant investment. This ambitious plan aims to establish a food processing unit which will create around 3,400 jobs. The company's Levista brand has gained traction across South India since its launch in 2017. SLN Coffee also plans to scale up manufacturing and exports under Project Horizon.

    GAIL, KRIBHCO explore $1.6 billion urea plant in Andhra Pradesh

    GAIL (India) and KRIBHCO have signed an agreement to explore constructing a urea plant in Andhra Pradesh. The plant is expected to generate direct and indirect job opportunities for local residents. Officials aim to set up a facility producing 1.27 million tons of urea per year in Srikakulam. The state government will support the initiative by providing land and infrastructure.

    Reliance plans Rs 43,000 cr coal gasification project in Andhra Pradesh, document shows

    Reliance Industries is set to invest approximately 430 billion rupees in Andhra Pradesh for a coal gasification project. This project aims to create 5,000 direct and 35,000 indirect jobs, while attracting further investments over its lifetime. The first phase will involve exploration and pilot demonstrations to establish the project's feasibility. An additional investment of approximately 400 billion rupees will follow if the first phase proves successful.

    BJP demands transparency from Industries Minister on Rs 1,370 cr expansion plans in Tamil Nadu

    The Tamil Nadu BJP spokesperson Narayanan Thirupathy challenged TN Industries minister S Keerthana's claims of Rs 1,370 crore expansion plans of South Korean companies. Thirupathy said the investments were not the government's achievement but routine expansion of existing South Korean companies in the state. He claimed that most of the new manufacturing capacity expansion and jobs went to Andhra Pradesh.

    The Economic Times
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