From Uttar Pradesh to Madhya Pradesh, the 'greening' of investor summits

Renewable power project proposals are beginning to make their presence felt in state investment meets

Sitting at his camp office two days before the state’s Global Investment Summit earlier this month, Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy told Business Standard, “For Andhra Pradesh, the major focus is on bringing investments in green energy — including renewable power, green hydrogen and pumped storage plants.”

Underscoring his words, investment proposals to the tune of around Rs 8.84 trillion were signed in the green energy sector, accounting for almost 68 per cent of the Rs 13.05 trillion that the meet attracted.

The major investors in the sector came from companies such as state-run power major