The chief minister of Andhra Pradesh, Nara Chandrababu Naidu is living up to his reputation of a social and economic reformer by bringing new entities and companies that can reshape AP’s economic index.
Now the chief minister has taken pretty substantial action with regard to large-scale companies in the state.
According to the latest developments, Andhra Pradesh government has approved the prospect of issuing permissions to large scale companies the license for independent power distribution.
This move will largely benefit the large data centres that are looking at India like the recent case of Google data Centre in Vizag. This New reform by Chandrababu government would grant licences to data centres to operate their own power distribution with a minimum threshold of 300 MW.
These large companies would be prepared to set up data centres in Andhra Pradesh, as they will have the luxury of independent power distribution where they can procure power from various sources for efficient and uninterrupted supply as opposed to conventional electricity grids.
For top companies to look at a new state like Andhra Pradesh, as a potential investment hub, the government is always expected to provide multiple amenities.
This is precisely Chandrababu targeting as independent power licenses are something that leading companies would love to have so they they can control the input power supply for uninterrupted operations. This good very well be the game changer in the Indian tax sector as Andhra Pradesh has become the first state to implement the same.
