He attended a function for the signing of MoUs between Andrha Pradesh and two international power producers from Japan and Spain here.
Naidu said SUZLON Energy company has already announced Rs 35 crore contribution for the setting up of Energy university and AP's Genco, Transco and Discoms have agreed to provide another Rs 50 crore.
The Chief Minister said that there is a need for more researches in solar and wind power the new energy university will take up such research's.
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