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The Partnership Summit organised by CII and Andhra Pradesh saw MoUs entailing investment of ₹1.70 lakh crore signed by the end of the second day on Monday, according to P Prabhakar, the official spokesman. He said Australia’s Queensland Coal Company had evinced interest in setting up a thermal plant in the State with a capacity of more than 5,000 MWs, at an investment of ₹30,000 crore or so.
He said by the end of the summit the State Government was expecting to sign MoUs to the extent of ₹3.5 lakh crore to ₹4 lakh crore.
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