Telangana was formed in 2014 with the division of Andhra Pradesh. It recorded a growth of 15% in its GSDP in 2018-19. The state has an installed power capacity of over 15GW, with over 40 per cent being contributed by green energy sources. There are also 67 notified Special Economic Zones (SEZ) in the state. The capital city of Hyderabad is a hub for information technology (IT), pharmaceutical and ESDM sectors.