ASSET (Accelerating Sustainable State Energy Transition) platform aims to make Andhra Pradesh a top-three renewable energy hub by 2035.

Key facts

• NITI Aayog unveiled a draft blueprint under the ASSET platform to transform Andhra Pradesh into one of India’s top three renewable energy hubs by 2035.
• The plan envisages total sectoral investments of Rs 7.5 lakh crore, with 90% expected from private players and the creation of 5-6 lakh new jobs.
• Andhra Pradesh targets adding 35 GW solar, 12 GW wind, and 55-60 GWh storage capacity for domestic needs, plus 30 GW solar, 25-30 GW wind, and 10-12 GW pumped storage for national exports by 2035.
• Power purchase costs are estimated to fall to Rs 3.90 - Rs 4 per unit, with supply costs kept below Rs 6 per unit, benefiting households, farmers, and industries.
• Infrastructure upgrades include Rs 65,000-Rs 70,000 crore for transmission modernisation and Rs 40,000 crore for strengthening distribution networks.
• The blueprint will be finalised by March 2026 and implementation is expected to begin mid-March, monitored by a dedicated ‘Energy War Room’.