2 lakh crore investment in Telangana:KTR

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KT Rama Rao the Minister for IT and Industries said that renewable energy is the focus for Telangana. He explained that they worked hard to overcome the power crisis within six months after the State formation.

When it comes to solar energy production, the Telangana State has the second largest production capacity after Karnataka, which is geographically bigger than Telangana.

After coming to power in the last seven years, Telangana has attracted 15,000 industrial units with a cumulative investment of over Rs 2.2 lakh crore.

Almost 80 per cent of these units are already operational or will be operational soon.

Praising the efforts of Premier Energies in setting up the world-class facility here in Hyderabad, the Minister said the company had overcome challenges including those induced by Covid to stick to project deadlines.

The stand-off between India and China in recent times too posed a challenge for the company as the engineers from China who were supposed to assemble machinery could not travel immediately.

In such a scenario, the in-house technicians had risen to the occasion and assembled the machinery, he said.