Softbank executive meets AP CM
Hyderabad, Dec 9 (INN): Taking a step forward towards working on the solar power project, Softbank executive advisor Raman Nanda met Chief Minister N Chandrababu Naidu at Secretariat on Tuesday. Nanda met energy department officials here and enquired about the costs for the proposed solar project.
The Chief Minister requested the Softbank executive to work with the AP government officials on the manufacturing costs and making it cost-effective for consumers.
The Chief Minister stated that Andhra Pradesh has the advantage of abundant water and 24X7 power supply, apart from plenty of solar energy. He added that he is already promoting energy-efficient practices in the state by encouraging people to use LED lamps.
'We want you to work on reducing energy costs and manufacturing costs for this solar power project,' the Chief Minister told Mr. Nanda, adding that he would personally ensure that all the bottlenecks are cleared and the process is hassle-free.
Nanda informed the Chief Minister that Softbank chairman Masayoshi Son would visit him soon once they have a concrete plan. Further, the Chief Minister also suggested Nanda to work with Andhra Pradesh government in the IT sector.
During the Chief Minister's recent visit to Japan, Softbank has announced its intention of setting up 10,000 MW solar power project in next 3 years with an investment of $10 billion in India.
Recalling his meeting with Son in Japan, the Chief Minister told Nanda that he was impressed by Softbank's predictions of India's growth and Mr. Son's vision to use renewable sources of energy.
News Posted: 9 December, 2014
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