Hyderabad, March 9 (IANS) Suzlon Group plans to set up renewable energy units in Telangana with an investment of Rs.1,200 crore, the state government said on Wednesday.
The announcement came after the state’s Information Technology and Urban Development Minister K.T. Rama Rao on Wednesday met Suzlon chairman and managing director Tulsi R. Tanti in Mumbai.
According to a statement from the state government here, Suzlon plans to set up 3,000 MW solar, wind hybrid power plants in the state. The minister assured all the support to the company.
Rama Rao also met Kotak Group managing director and vice-president Uday Kotak, who said that the group will make more investment and create new jobs in Telangana.
The minister also called on Mahindra Group chairman and managing director Anand Mahindra and discussed the group’s investment and expansion plans in Telangana.
Rama Rao, son of Chief Minister K. Chandrasekhar Rao, delivered the keynote address at VC Circle Partners summit, explaining the investment opportunities in Telangana and the policy initiatives taken by the government.