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of <h1>Andhra Pradesh SIPB Approves Rs 44,776 Crore in Clean Energy Projects, Creating 19,580 Jobs, Boosting Economy</h1> The Andhra Pradesh State Investment Promotion Board (SIPB) has approved projects totaling Rs 44,776 crore, primarily in clean energy, creating 19,580 jobs. Major investments include Rs 14,328 crore by Navayuga Engineering and Rs 10,300 crore by Megha Engineering in the solar energy sector. Additional approvals include projects by Tata Power Renewable Energy, Ayana Renewable Power, and others. Since July 2024, SIPB has sanctioned projects worth Rs 3.1 lakh crore, aiming to boost the state's economy and employment. The focus is on renewable energy, aligning with India's goal of 500 GW renewable capacity by 2030.
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