Archive · 14 Aug 2026

Naidu sets Rs 4 power cost target by 2029

Naidu sets Rs 4 power cost target by 2029

The leader of a state in India called Andhra Pradesh wants electricity to be cheaper for everyone.

Right now, buying power for the state costs about Rs 4.60 per unit.

He has set a goal to bring that cost down to Rs 4 per unit by the year 2029.

More power is needed because factories are growing and electricity use is expected to double every six years.

His team will study 130 reservoirs to see if they can store energy using water, a method called pumped storage.

The state also wants many more homes to get solar power through government schemes.

He asked the central government to approve extra solar connections and more clean power from solar farms.

The leader also wants the state's power companies to save money and borrow less.

This way, power supply can stay reliable and affordable as needs grow.

Sources