NITI Aayog Unveils ASSET Blueprint for Andhra Pradesh Clean Energy Hub by 2035 with ₹7.5 Lakh Crore Investment

Key facts

• National Institution for Transforming India (NITI Aayog) unveiled a draft blueprint under the Accelerating Sustainable State Energy Transition (ASSET) platform to transform Andhra Pradesh into a top renewable energy hub by 2035.
• The plan proposes a total sectoral investment of ₹7.5 lakh crore, comprising ₹3.3 - ₹3.4 lakh crore for the state energy transition and ₹4 - ₹4.2 lakh crore for a renewable energy export hub.
• Private players are expected to contribute 90% of the total investment, which is projected to create 5-6 lakh new jobs.
• For domestic needs, the state aims to add 35 Gigawatt (GW) of solar, 12 GW of wind, and 55-60 Gigawatt-hour (GWh) of storage capacity by 2035.
• The export-oriented capacity targets include 30 GW of solar, 25-30 GW of wind, and 10-12 GW of pumped storage projects for national supply.
• Infrastructure investments include ₹65,000-₹70,000 crore for transmission modernisation through green corridors and High Voltage Direct Current (HVDC) lines, plus ₹40,000 crore for distribution networks.
• NITI Aayog estimates power purchase costs will fall to ₹3.90 - ₹4 per unit, while supply costs will be maintained below ₹6 per unit.
• The blueprint is scheduled for finalisation by March 2026, with implementation beginning in mid-March 2026 under the monitoring of a dedicated Energy War Room.