Adani Green Energy signs Rs 60,000 crore MoU with Andhra Pradesh at World Economic Forum

The Andhra Pradesh government announced on Monday evening that it had signed a memorandum of understanding with Adani Green Energy at the annual meeting of the World Economic Forum in Davos regarding an investment of Rs 60,000 crore in the state. The initiative includes a 3,700 MW hydroelectric storage project and a 10,000 MW solar power project, a statement from the chief minister’s office said.

The MoU was signed by Special Chief Secretary Karikal Valaven on behalf of the state and Ashish Rajvamshi for Adani Group, in the presence of Chief Minister YS Jagan Mohan Reddy and Chairman of Adani Group Goutam Adani at the pavilion PA. The two projects will provide employment opportunities to about 10,000 people directly and indirectly, according to the release.

CM Reddy also interacted with officials from Tech Mahindra and Dassault Systemes, according to the release. CEO of Tech Mahindra and MD CP Gurnani said his company will collaborate with the government of Andhra Pradesh in the area of ​​skills development. The chief minister wants to develop Visakhapatnam as a tech hub focused on artificial intelligence (AI) and has been looking for investments in this sector, he said. In three months, we will work with Andhra University to write a cutting-edge technology curriculum for skill development, he said.

Florence Verzelen, Executive Vice President of Dassault Systèmes, also spoke with CM Reddy. “We had meaningful discussions with the Chief Minister on skills development and new age energy. We are interested in investing in the education sector and look forward to partnering with the state of Andhra Pradesh,” she said, according to the statement.

Later, a member of the Swiss parliament of Indian origin Niklaus-Samuel Gugger, together with his team, met the Chief Minister and discussed business opportunities in Andhra Pradesh.

Others who met with the chief minister included Mitsui OSK Lines Chairman Takeshi Hashimoto and Hero Group CMD Pawan Manjul. Hashimoto said they discussed opportunities in shipping and logistics. “The Chief Minister explained that Andhra Pradesh has great potential and we plan to expand our Indian operations as the state has a long coastline,” Hashimoto said in the statement. The upcoming four new seaports in the state make the atmosphere more conducive, he added.

Meanwhile, the Hero Group CMD discussed plans for expansion in the state. CM Reddy asked business leaders to explore business opportunities in the state with shipping and logistics and setting up a bioethanol plant.

On the second day of the summit on Monday, CM Reddy participated in a panel discussion on future-proofing health systems and gave a presentation on health care being implemented in the state through Arogyasri. The CM said that in accordance with the health policy in place, at the micro level, a village of 2,000 inhabitants will have a village clinic run by health workers who will refer sick people to primary health centers equipped with at least four doctors. At the macro level, teaching hospitals will take care of the curative part of health care, he said, adding that the state has 11 teaching hospitals and another 16 would cover all parliamentary constituencies in the state for a distribution. equitable health care.

The Chief Minister said the state undertook door-to-door investigation 44 times during the Covid-19 pandemic and followed the search, test and treat policy which resulted in a lower death rate ( 0.63 percent), below the national average (1.21 percent).

Others who took part in the discussion included Leif Johansson (AstraZeneca), Jayasree K Iyer (Access to Medicine Foundation) and Catherine Russell (UNICEF) while Nzinga Quanta moderated the discussion.

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