Investment Goals:
- Telangana aims to attract ₹1.98 lakh crore in investments over the next decade.
- The initiative is expected to create 1.14 lakh jobs while focusing on sustainable development.
Carbon Emissions Reduction:
- The state government targets a 33% reduction in carbon intensity in energy generation.
- This initiative aligns with global efforts to combat climate change.
Renewable Energy Capacity:
- Telangana plans to develop 20,000 megawatts of renewable energy by 2030.
- Battery storage capacity will be incorporated to enhance energy reliability.
Transparent Resource Allocation:
- The government will implement a transparent competitive bidding process for energy procurement.
- This process will apply to solar, wind, and floating solar energy projects.
Encouragement of Local Projects:
- Developers will be encouraged to utilize government land for wind and pumped storage projects.
- Floating solar projects will maximize the use of available reservoirs through public-private partnerships.
Support for Local Employment:
- Women’s Self-Help Groups will be promoted to establish distributed solar plants.
- Distributed solar plants will range from 500 KW to 2 MW to enhance community energy production.
Pumped Storage Project Development:
- A nodal agency will be created to identify and study potential pumped storage sites.
- The State will have the right of first refusal for up to 80% of project capacity.
Tariffs and Capacity Rights:
- Tariffs for projects will be determined by the State Electricity Regulatory Commission.
- Co-located captive plants will allow the State first refusal for up to 20% of project capacity.
Share Price Decline:
- Shares have fallen by 5% following the spin-off of the hotels business.
- This indicates a market reaction to structural changes in the company.
Kerala High Court Rulings:
- The Kerala High Court declined a CBI probe into the death of Kannur ADM Naveen Babu.
- This decision has raised discussions about the accountability and transparency of investigations.
Social Media Controversies:
- A man in Kerala was detained for making derogatory comments about actor Honey Rose online.
- This highlights the ongoing issues surrounding online harassment and free speech.
Economic Trends:
- Despite slowing factory activity, services recovered to a four-month high in December.
- This suggests a potential shift in economic dynamics favoring the services sector.
Safety Violations Exposed:
- A video surfaced showing MLA Uma Thomas falling from a stage due to safety norm violations.
- This incident underscores the need for better safety practices at public events.
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