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Prime Minister Narendra Modi on Saturday laid the foundation for and inaugurated projects worth nearly Rs 18,000 crore in the southern state. Earlier, he also inaugurated the Rs 5,700 crore Alluri Sitarama Raju International Airport at Bhogapuram in Vizianagaram district.
Rs 460 crore ASIP semiconductor project foundation laid
Modi laid the foundation stone for the Rs 460 crore ASIP Semiconductor Project at Visakhapatnam, being developed by ASIP Technologies Pvt Ltd in partnership with APACT, Republic of Korea.
A PIB press release said it is Andhra Pradesh's first semiconductor manufacturing facility approved under the India Semiconductor Mission and will manufacture around 96 million semiconductor chips annually while fostering a robust ancillary ecosystem to support semiconductor manufacturing.
Renewable energy transmission projects worth over Rs 9,900 crore
The PM laid the foundation stone for the Transmission System for the integration of Kurnool-IV Renewable Energy Zone (REZ), Phase-I (4.5 GW), being implemented by POWERGRID through a Special Purpose Vehicle (SPV) at an investment of about Rs 5,550 crore.He also inaugurated:
- The transmission system for Kurnool Wind Energy Zone and Solar Energy Zone (Andhra Pradesh), Part A and Part B, implemented at a cost of around Rs 3,550 crore
- The transmission scheme for Solar Energy Zone in Ananthapuram (2,500 MW) and Kurnool (1,000 MW), implemented by POWERGRID at a cost of over Rs 820 crore
According to the release, these transmission projects will enable the evacuation of power generated from the renewable energy zones in Kurnool and Ananthapuram and the transmission of power to beneficiaries across the country through the National Grid.
They are expected to facilitate the integration of a large quantum of renewable energy into the grid, improve the availability of clean power for demand centres, and contribute to India's energy transition and decarbonisation efforts by reducing dependence on fossil fuel-based power generation.
Also Read: PM Modi to Inaugurate Alluri Sitarama Raju Airport
National Highway projects worth over Rs 1,880 crore
The PM dedicated to the nation and laid the foundation stone for National Highway (NH) projects worth over Rs 1,880 crore. The projects include:
- The four-lane access-controlled greenfield highway from Recherla to Guruvsygudem section of NH-365 BG
- The four-lane access-controlled greenfield highway from Guruvsygudem to Devarapalle section of NH-365BG
- The four-lane Tadipatri Bypass on NH-67
- A high-level bridge at Lingasamudram on the Penchalakona-Yerpedu section of NH-565
These projects are expected to ease congestion in Vijayawada and several other cities, improve road safety, reduce travel distance and travel time between Visakhapatnam and Hyderabad, and promote regional connectivity.
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