The power utilities of Andhra Pradesh are gearing up to roll out a smart electricity metre project. The Union government has decided to replace around 25 crore conventional metre with smart metre across the country under the Smart Metre National Programme (SMNP).

Fractional ownership startup Yours is investing Rs 100 crore to acquire luxury holiday homes and resell them to shareholders, co-founder Shravan Gupta told ET. The company has so far acquired assets worth Rs 25 crore in Goa, Alibaug and the Nilgiris and plans to expand to more cities.

TCL Electronics is opening a new manufacturing facility at Tirupati. The Andhra Pradesh government will inaugurate the 139 acre unit at Vikruthamala of Yerpedu mandal near Tirupati. The total investment is expected to be Rs 1,530 crore.

Steelmaker AMNS India will invest an additional Rs 1,000 crore in Andhra Pradesh to expand its pellet plant capacity to 11 MTPA. The present capacity of its pellet plant located in Visakhapatnam (Vizag) is 8 million tonne per annum (MTPA).

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy laid the foundation for the 5,230 MW Integrated Renewable Energy Storage Project (IRESP) at Kurnool. The Rs 15,000-crore power project undertaken by the Greenko Group is located at Gummitham Tanda, Brahmanapalli village in Orvakallu in Kurnool district.

Andhra Pradesh government clinched a big-deal when Adani group agreed to invest Rs 60000 crore in green energy plants in the state. The state government clinched the big-deal with Adani group during the chief minister YS Jagan Mohan Reddy’s meeting with Adani group chairman Goutham Adani in Davos.

Andhra Pradesh will get another expressway, connecting Kurnool with Solapur in Maharashtra. The National Highways Authority of India will develop the expressway which will also connect the Chennai-Solapur economic corridor under the Union government’s flagship Bharatmala project.

National Highways Authority of India (NHAI) has started work on the construction of the Vijayawada-Nagpur Express Highway. The Greenfield-Brownfield Express Highway will connect Vidarbha in Maharashtra with the aim of further accelerating the transportation of industrial and agricultural products.

The Greater Visakhapatnam Municipal Corporation is planning to procure nearly 200 vehicles for solid waste management purposes. According to the initial estimates, these vehicles may cost about Rs 65 crore to the exchequer of the civic body.