Talking about the disastrous impacts of climate change being observed across the globe, he said that renewable energy generation through solar, wind and hydel power projects was the only way to mitigate the prevailing crises. He said Telangana stood second in the country in terms of solar power generation, just behind Karnataka, which had a larger area.
The Minister praised the efforts of the Premier Energies’ management and engineers for working at a record pace to establish their unit after land was allotted to them, making it the largest of such units in south India and the second-largest in India. He said the company had invested Rs 483 crore in its new plant and employed 700 workers, with 90 per cent of them hailing from rural Telangana.
He also appreciated their plans to further invest Rs 1,200 crore, which would add 2,000 more jobs, with the company aiming to increase their solar cell and module manufacturing capacity to 4 GW by 2023. He also announced that a skill development centre would be setup at E-City, which would provide qualified and skilled local manpower to the companies being established there.
KTR PRAISES PREMIER ENERGIES’ MGMT
The Minister praised the efforts of the Premier Energies’ management and engineers for working at a record pace to establish their unit after land was allotted to them, making it the largest of such units in south India and the second-largest in India.