The Andhra Pradesh Integrated Clean Energy Policy, 2024 is a five-year plan to promote renewable energy sources in the state. The policy's goals include:
Increasing renewable energy capacity: The policy aims to add more than 160 gigawatts (GW) of renewable energy capacity.
Attracting investments: The policy aims to attract investments worth ₹10 lakh crore.
Creating jobs: The policy aims to create around 750,000 jobs.
Reducing fossil fuel dependence: The policy aims to reduce the state's dependence on fossil fuels.
Promoting green hydrogen: The policy aims to promote the production of green hydrogen for industrial and transportation needs.
Promoting off-grid solar: The policy aims to promote off-grid solar applications for domestic and commercial use.
How the policy works
The policy promotes the large-scale deployment of renewable energy sources, such as solar, wind, and hydro.
The policy offers incentives to investors and developers, such as tax benefits, single-window clearances, and infrastructure support.
The policy allows projects approved under previous policies to migrate to the new policy if they meet certain conditions.
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