Overview
- The 14th SIPB meeting in Amaravati approved proposals expected to create 11,753 jobs across industries, tourism, food processing, energy and renewables.
- Key clearances include Tata Power’s ₹6,675 crore project in Nellore, Shirdi Sai Electricals’ ₹5,571 crore unit in Kadapa and Websol Renewable’s ₹3,538 crore project in Naidupeta, with Ramco Cements adding ₹1,500 crore in Nandhyala.
- With the latest tranche, SIPB’s cumulative approvals stand at about ₹8.74 lakh crore with potential employment for roughly 8.35 lakh people.
- Chief Minister N. Chandrababu Naidu launched the AP IT Infra Connect Portal and directed a beach tourism master plan, including branding Suryalanka Beach Resorts, a 15‑km clean beachfront and exploring island tourism near Sullurpeta.
- Naidu cited power‑sector steps — a 13‑paise‑per‑unit tariff cut and the state bearing a ₹4,500 crore true‑up charge — and said efforts aim to lower power purchase costs toward ₹3.70 per unit by 2029 to attract energy‑intensive investments.