Andhra Pradesh CM bats for decarbonised economy in Davos
The Hindu
Guntur
Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy has stressed the need for a decarbonised economy in compliance with the Environment, Social, Governance criteria.
Making the opening remarks at the World Economic Forum (WEF) meet on ‘Transition to Decarbonised Economy’ at Davos on Tuesday, Mr. Jagan Mohan Reddy said that Andhra Pradesh could become the torchbearer of this concept.
“We have launched works for an Integrated Pump Storage Renewable Project in Kurnool. The 5,230 MW project envisages harnessing 3,000 MW solar energy and 900 MW wind power. Andhra Pradesh has the potential of 33,000 MW pump storage capacity. I invite the global players to tap this potential,” said Mr. Jagan Mohan Reddy.
Participating in the session, NITI Aayog CEO Amitabh Kant said that India must bring down the renewable energy and split water, to produce Hydrogen and become the centre of world for green Hydrogen. The cost of green Hydrogen is $4.42 per KG and our challenge is to bring down the cost of green Hydrogen to about $ 2.25.
Heaping praises on Andhra Pradesh for building the integrated renewable energy pump storage facility, Mr. Kant said that 1,650 MW pump storage capacity with solar and wind power was the biggest of its kind. “Andhra Pradesh can be a role model in decarbonised economy for the world,” said Mr. Kant.
Aditya Mittal, CEO of ArcelorMittal, described green steel as the future. He said that the company had invested massively in research and development. “We have invested ₹4,500 crore in global renewable projects and are planning to double it,” he said.
Anil Chalamalasetty, CEO of the Greenco Company, said that the company had been investing in renewable energy and had developed wind farms. “We thank India and Andhra Pradesh government for giving us an opportunity to unlock the potential in green energy,” he said.
The Opposition Congress demanded that the government open the Gandhi Vatika Museum, depicting Mahatma Gandhi’s legacy and freedom struggle, built at a cost of ₹85 crore in Jaipur’s Central Park last year, during the Congress-led regime in Rajasthan. The museum has not been opened to the public, reportedly because of the administration’s engagements with the State Assembly and Lok Sabha elections.
Almaya Munnettam (Lay People to the Fore), group in the Ernakulam-Angamaly Archdiocese of the Syro-Malabar Church opposed to the synod-recommended Mass, rejected a circular issued by Major Archbishop Raphael Thattil and apostolic administrator Bosco Puthur on June 9 to implement the unified Mass in the archdiocese from July 3.
Pakistan coach Gary Kirsten stated that “not so great decision making” contributed to his side’s defeat to India in the Group-A T20 World Cup clash here on Sunday. The batting unit came apart in the chase, after being well placed at 72 for two. With 48 runs needed from eight overs, Pakistan found a way to panic and lose. “Maybe not so great decision making,” Kirsten said at the post-match press conference, when asked to explain the loss.