Amaravati, Oct 1 (PTI) Pune-based Kinetic Green Energy and Power Solutions CEO Sulajja Firodia Motwani met Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy here on Friday and discussed her company's plans to invest Rs 1,750 crore for setting up new facilities in the state.

Also Read | UPSC CDS II Result 2020 Released, Candidates Can Check Their Results Online at upsc.gov.in.

Motwani and Kinetic co-founder Ritesh Mantri discussed their plans with the Chief Minister, a CMO release said.

Also Read | Flipkart Big Billion Days Sale 2021 To Go Live at Midnight for Plus Members, Check Details Here.

The release said Kinetic came forward to setup electric two-wheelers, three-wheelers, advanced technology battery manufacturing and battery swapping stations in AP at an estimated cost of Rs 1,750 crore.

It has expressed interest to set up branded premium electric vehicles manufacturing unit in Visakhapatnam. The company would also setup a skill development and research centre, the release added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)